Candlestick patterns are like the secret language of the financial markets. They're little combinations of candle shapes and sizes that tell a story about what's happening with a particular asset, like a currency pair (i.e., USDCHF) in forex trading.

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Imagine each candlestick is a snapshot of a battle between buyers and sellers. The candle's body (the thick part of the candle) represents the price range between when the market opened and closed during a specific time period, like a day or an hour. The wicks or shadows are like the battlefield's scars, showing how high and low the price went during that time.

 

Now, here's the cool part: these candlestick patterns can give you hints about what's likely to happen next. It's a bit like reading the signs in the stars, but instead, you're reading them on your trading chart.

Click on the below images to read more about a pattern.