Note: PDF is at the Bottom

Candlestick Patterns are one of the most effective ways to predict the market, and this has been used by traders and investors for decades and still holds an important place in the technical analysis of any security.

Among these Bullish Candlestick Patterns hold a major significance when it comes to analyzing the market and predicting the upcoming bullish moves, and having a better understanding of this Bullish Candlestick pattern will provide a trader a distinctive edge to enter into a high-probability trade.

Therefore, we are going to discuss the top 10 Bullish candlestick patterns that appear frequently on the charts, and at the bottom, I will provide the PDF of these Bullish Candlestick Patterns.

Also Read: Bearish Candlestick Patterns Pdf

Top 10 Bullish Candlestick Patterns with PDF.

1. Hammer Candlestick

About Hammer Candlestick

• A Hammer Candlestick can be found at the bottom of a Trend/End of the Bearish Trend
• It consists of a small upper body (green/red) with a lower shadow that is at least twice longer than the body.
• When a Hammer candlestick forms, the market is expected to be bullish right after the formation of a Hammer Candlestick
• The Hammer Candlestick Reverse the market from Bearish to Bullish.
• Sometimes a Bullish Candle is needed for Confirmation of the Bullish Reversal.

2. Inverted Hammer

About Inverted Hammer Candlestick

• An inverted Hammer is formed during a Downtrend.
• It consists of a short lower body with a twice longer upper wick.
• When an Inverted Hammer candlestick is formed the market is expected to start rising
• A Bullish Reversal is anticipated after the formation of the Inverted Hammer candlestick.
• A Bullish/Green Candle is likely for confirmation of the Reversal

3. Bullish Engulfing

About Bullish Engulfing Candlestick Pattern

• Bullish Engulfing Candlestick Pattern is a Bullish Reversal Pattern.
• It can be found at the bottom of the downtrend.
• It consists of two candlesticks where the first one is a short red candle, and the second one is a large green candle, completely engulfing the previous candle.
• The market is expected to rise after the formation of this pattern.

4. Piercing Line

About Piercing Line Candlestick

• Piercing Lines can be found at the bottom of the downtrend/end of a downtrend.
• It consists of two candlesticks, a red one and a green one where the green candle must open lower and close at least 50% higher than the previous one.
• It is a Bullish Reversal candlestick.
• The market is likely to rise higher after the formation of the Piercing Line candlestick.
• No confirmation is needed at all.

5. Bullish Harami

About Bullish Harami

• Bullish Harami candlestick is formed during the end of a downtrend.
• It consists of two candlesticks where the first one is a big green candle following a short green candle container within the previous one.
• The market is likely to rise after the formation of the Bullish Harami pattern.

6. Morning Star

About Morning Star Candlestick

• Morning Star can be found at the bottom of the downtrend.
• It consists of three candlesticks where the first one is a red candle, the second one is a green candle with a shorter body and longer wick on both sides, and the third candle is a Green candle rising higher than the second candle.
• The market is predicted to reverse from here and rise higher.
• No confirmation is needed at all.

7. Bullish Marubozu

About Bullish Marubozu Candlestick

• Bullish Marubozu as the name suggests is a bullish candlestick.
• It consists of a Sigle big Green candlestick indicating a rise in the price of the security.
• It can be found anywhere on the chart, and the following price rise is anticipated.
• No confirmation is needed, but sometimes a following higher candle works well.

8. Three White Soldier

About Three White Soldier

• Three White Soldier is a Reversal Pattern, formed during a downtrend.
• It consists of three green candles, where the next candle opens within the previous candle, but closes higher than that.
• The market is expected to rally higher after the formation of the Three White Soldiers.

9. Tweezer Bottom

About Tweezer Bottom Candlestick

• Tweezer Bottom Candlestick can be formed during a Downtrend, indicating the end of the downtrend.
• It consists of two candles with the same low, where the first candle is a red candle and the second candle is a green candle.
• The market is likely to rally from here in the opposite direction.

10. Bullish Belt Hold

About bullish Belt Hold

• Bullish Belt Hold Candlestick can be formed anywhere on the chart.
• It consists of a long green body with no lower wick but a small upper wick.
• when it is formed during a downtrend, it signifies a reversal
• When it is formed during a Bullish Trend, then it acts like a continuation Pattern, and the market will likely rise higher.
• A following Green Candle is compulsory for confirmation.