Interactive Charts
Use the live chart to inspect candle bodies, wicks, gaps, and how the pattern sits against nearby levels.
Open ChartsTechnical Analysis Basics
Candlestick Patterns Guide
Use this guide to read candlestick behavior properly so you can tell whether a pattern reflects real supply-demand change or just random chart noise.
4usage steps
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readout notes
Overview
Candlesticks show the battle between buyers and sellers inside each period.
Single-candle patterns matter most when they appear at an important level, not in the middle of random chop.
Multi-candle patterns become more useful when they align with volume, trend, and support-resistance structure.
How to use Candlestick Patterns Guide
1
Read location before pattern name
A hammer near support is more meaningful than the exact same candle in the middle of a weak sideways chart.
2
Use candle anatomy first
Open, high, low, close, wick length, and body size tell you more than memorizing dozens of pattern names.
3
Promote only patterns with follow-through
The next one to three candles often matter more than the first signal candle because they show whether demand or supply really took control.
4
Pair patterns with the right QuantJuice screeners
Use charts for the visual check, then move into breakout, cup-handle, or new-high workflows if the pattern is becoming actionable.
Use this on QuantJuice
Open the page that matches the job you are trying to do instead of forcing one tool to answer every question.
Doji Screener
Use when you want to isolate recent indecision candles and then inspect whether the next candle confirms reversal or continuation.
Open Doji ScreenerEngulfing Screener
Use when you want to surface stronger two-candle reversal signals after an extended move.
Open Engulfing ScreenerHammer / Shooting Star Screener
Use when you want to filter for strong rejection wicks around support or resistance.
Open Rejection ScreenerCup Handle Screener
Use when candlestick behavior is helping a rounded continuation base mature into a breakout candidate.
Open Cup HandleBreakout Screener
Use when bullish candles are pressing into resistance and you want to test whether the move is becoming a real breakout.
Open BreakoutNew High + Volume Screener
Use when candle strength is happening near fresh highs and you need volume confirmation.
Open New High + VolumeCandlestick building blocks
Learn the parts first. Pattern names are easier once the anatomy is intuitive.
| Part | What it tells you | Why it matters |
|---|---|---|
| Real body | Distance between open and close | Shows who controlled the session and whether conviction was strong or weak. |
| Upper wick | How much price was rejected near the high | Large upper wicks often hint at supply or profit-taking near resistance. |
| Lower wick | How much price was rejected near the low | Large lower wicks often hint at demand or support stepping in. |
| Range | Distance between high and low | Shows how much uncertainty or expansion occurred inside the candle. |
| Close location | Where price ended inside the full range | A strong close near the high usually carries more bullish information than a weak close off the high. |
Pattern families
Use the family to understand intent rather than memorizing every label in isolation.
| Pattern family | What it usually signals | Best context | Best QuantJuice follow-up |
|---|---|---|---|
| Rejection candles | Price tested a level and got pushed back | Support or resistance reaction | Charts, Pullback Screener, Breakout Screener |
| Continuation candles | Trend is pausing but not yet breaking | Strong trends and tight consolidations | New High + Volume, EMA Screener |
| Reversal clusters | Momentum may be changing direction | After extension into a key level | Charts, Trend Reversal |
| Breakout confirmation candles | Resistance may be clearing with conviction | Near pivots, highs, and bases | Breakout Screener, Cup Handle |
Best way to combine candles with screeners
Use a screener to find the location, then use candles to judge timing and conviction.
If the pattern looks good but the volume is poor, downgrade the setup.
If the candle is strong but the sector is weak, treat the signal more cautiously.
What to prioritize in the output
Long lower wicks near support often show rejection of lower prices, but only if the level itself matters.
Strong bullish bodies with expanding volume deserve more respect than the same shape on weak participation.
A candle signal against the primary trend needs more confirmation than one aligned with it.
Common mistakes to avoid
Trading a textbook pattern without checking market context.
Ignoring volume and follow-through after the signal.
Treating every reversal candle as a bottom or top call.
Best way to use this playbook
Use the page to narrow the market quickly, then promote only the strongest chart-plus-context setups into your active watchlist or research queue.
