Candlestick Pattern Encyclopedia
Exotic Patterns: Tweezers, Kickers & More
The Fun Ones
These patterns have colorful names and are less common, but can be very powerful when they appear.
TWEEZER TOP (Bearish)
┌───┐ ┌───┐
│███│ │ │
│███│ │ │ ←Same highs = resistance
│███│ │ │
└───┘ └───┘
Green RedWhat it is: Two candles with identical (or nearly identical) highs.
What it means: Price tested a level twice and was rejected both times.
Signal: Bearish reversal at resistance.
Nickname: "Double Rejection"
What it means: Price tested a level twice and was rejected both times.
Signal: Bearish reversal at resistance.
Nickname: "Double Rejection"
TWEEZER BOTTOM (Bullish)
┌───┐ ┌───┐
│ │ │███│
│ │ │███│ ←Same lows = support
│ │ │███│
└───┘ └───┘
Red GreenWhat it is: Two candles with identical (or nearly identical) lows.
What it means: Price tested support twice and bounced both times.
Signal: Bullish reversal at support.
What it means: Price tested support twice and bounced both times.
Signal: Bullish reversal at support.
KICKER (Most Powerful Pattern!)
Bullish Kicker: Bearish Kicker:
┌───┐ ┌───┐
│ │ │███│
│ │ ←Red │███│ ←Green
└───┘ └───┘
GAP! GAP!
┌───┐ ┌───┐
│███│ │ │
│███│ ←Green │ │ ←Red
└───┘ └───┘What it is: Complete sentiment reversal with a gap.
Requirements: Second candle gaps AWAY from first candle's body, opposite color.
Signal: One of the STRONGEST patterns. Often indicates major news or shift.
Nickname: "The Kick" or "Sentiment Bomb"
Requirements: Second candle gaps AWAY from first candle's body, opposite color.
Signal: One of the STRONGEST patterns. Often indicates major news or shift.
Nickname: "The Kick" or "Sentiment Bomb"
Kicker patterns are rare but extremely reliable. When you see one, pay attention!
TASUKI GAP
Upside Tasuki Gap:
1. Bullish candle
2. Gap up, another bullish candle
3. Bearish candle that opens inside #2 and closes inside the gap (but doesn't fill it)
Signal: Bullish continuation - the pullback into the gap found support.
1. Bullish candle
2. Gap up, another bullish candle
3. Bearish candle that opens inside #2 and closes inside the gap (but doesn't fill it)
Signal: Bullish continuation - the pullback into the gap found support.
THREE LINE STRIKE
Bearish version:
┌─┐ ┌─────────┐
│█│ ┌─┐ │█████████│
└─┘ │█│ ┌─┐ → │█████████│
└─┘ │█│ │█████████│
└─┘ └─────────┘
3 small red 1 big green engulfs all 3!What it is: Three same-direction candles followed by one big opposite candle that engulfs all three.
Signal: REVERSAL! Despite the name suggesting "strike" (continuation), this is a powerful reversal pattern.
Nickname: "The Wrecking Ball"
Signal: REVERSAL! Despite the name suggesting "strike" (continuation), this is a powerful reversal pattern.
Nickname: "The Wrecking Ball"
BELT HOLD
Bullish Belt Hold: Opens at the low, no lower wick, strong close
Bearish Belt Hold: Opens at the high, no upper wick, weak close
What it means: One side was in complete control from the open.
Nickname: "The Grip"
Bearish Belt Hold: Opens at the high, no upper wick, weak close
What it means: One side was in complete control from the open.
Nickname: "The Grip"
Key Takeaways
- Tweezers = same highs/lows tested twice, rejection signal
- Kicker = gap + opposite candle, extremely powerful
- Three Line Strike = three candles engulfed by fourth, reversal
- Belt Hold = no wick on one side, strong directional control