Done! Section 3: Basic Candlestick Patterns

Done! Section 3: Basic Candlestick Patterns

Japanese Candlestick Charting Techniques.

I was enrolled in this course on 03-05-2026. It was a free course on that day.



I started with another picture from the website: https://www.fxbroadnet.com/tech/technicalchart



Title: How to interpret candlestick patterns 1.
Painter: Melinda Erika Dothan

Details: This picture was in Kanji on the website. I used only the beginning Kanji, then I asked Google AI to tell me in Romaji. I also wrote the English version below.





Title: How to interpret candlestick patterns 2.
Painter: Melinda Erika Dothan

Details: This picture was in Kanji on the website. I used only the beginning Kanji, then I asked Google AI to tell me in Romaji. I also wrote the English version below.



Google AI:

The image you provided is a reference chart for Japanese candlestick patterns, which are used in financial trading to analyze price movements. [1, 2]

Chart Translation and Meaning

The chart is divided into two main categories based on color:
  • Blue (Bullish): Typically indicates the price closed higher than it opened.
  • Red (Bearish): Typically indicates the price closed lower than it opened. [3, 4]
Below is a translation of the text in the image:
Category [5, 6, 7, 8, 9, 10, 11, 12] Japanese TermEnglish TranslationMeaning
Blue (Left)上昇継続 (Jōshō keizoku)Continuation of UptrendSuggests strong buying pressure and that the price will likely keep rising.
小休止 (Shōkyūshi)Brief Pause / RestOften refers to patterns like a "Spinning Top," indicating market indecision or a temporary stall before the next move.
上昇継続 又は 反転示唆Uptrend Continuation or Reversal SignalDepending on where it appears in a trend, it could mean the trend is staying strong or about to change.
Red (Right)下降継続 (Kakō keizoku)Continuation of DowntrendSuggests strong selling pressure and that the price will likely keep falling.
小休止 (Shōkyūshi)Brief Pause / RestA temporary stall in a downward move.
下降継続 又は 反転示唆Downtrend Continuation or Reversal SignalIndicates the trend might continue down or is reaching a point where it could reverse upward.

How to Read These Patterns

Each "candle" consists of three parts that tell a story about market behavior:
  • The Body (Rectangular part): Shows the range between the opening and closing prices.
  • Wicks / Shadows (Thin lines): The top of the upper wick is the highest price reached, and the bottom of the lower wick is the lowest price reached during that time period.
  • Proportions: A long body relative to the wicks usually means a very decisive move, while long wicks with a small body (like those in the middle of your chart) show a "tug-of-war" between buyers and sellers where neither side won decisively. [1, 5, 13, 14, 15, 16]
How to READ Candlestick Charts - Japanese Candlesticks ..., YouTube · Mind Math Money · 2020 M08 10
Are you looking to use these for stock trading, or are you exploring another market like Forex or Crypto?



The image you shared is a cheat sheet for Japanese candlestick patterns, which are used in technical analysis to predict stock or currency price movements. [1, 2]
Here is a breakdown of the translations and meanings for each pattern shown in your image:

Candlestick Pattern Translation Table

Pattern Shape [3, 4, 5, 6, 7, 8, 9, 10, 11, 12] Japanese Term (Reading)Translation / Market Meaning
+ (Small Cross)転換示唆 (Tenkan Shisa)Suggests Reversal: Indicates indecision; often signals a change in the current trend.
Long Vertical Cross強弱攻防 (Kyōjaku Kōbō)Bulls vs. Bears Battle: Represents intense competition between buyers and sellers where neither gained the upper hand.
Cross (Low position)上昇中なら上昇継続Continuation (Upward): If appearing during an uptrend, it suggests the rise will continue.
Cross (High position)下降中なら下降継続Continuation (Downward): If appearing during a downtrend, it suggests the fall will continue.
T (Dragonfly)転換示唆 (Tenkan Shisa)Suggests Reversal: Specifically indicates that sellers pushed the price down, but buyers brought it back up to the open.
Inverted T (Gravestone)転換示唆 (Tenkan Shisa)Suggests Reversal: Specifically indicates that buyers pushed the price up, but sellers forced it back down.
Large Red Body下げ圧力の強さを示唆Suggests Strong Selling Pressure: A large bearish (down) candle indicates dominant sellers.
Large Blue Body上げ圧力の強さを示唆Suggests Strong Buying Pressure: A large bullish (up) candle indicates dominant buyers.

Key Components

  • 形 (Katachi): Means "Shape" or "Form".
  • 見方 (Mikata): Means "How to read" or "Viewpoint".
  • Doji (十字星): The cross-shaped patterns are called "Doji," representing a state where the opening and closing prices are the same. [3, 13, 14]
Are you looking for more advanced patterns (like three-candle combinations), or do you need help identifying these on a specific live chart?


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