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4
Strategy8 Patterns

Candlestick
Patterns

Master the art of reading candlestick patterns. Each pattern tells a story about the battle between buyers and sellers. Learn to identify and trade them with Python code.

Available Patterns

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reversal

Hammer & Hanging Man

Single-candle reversal patterns. Hammer signals bullish reversal at bottoms; Hanging Man signals bearish reversal at tops.

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reversal

Engulfing Pattern

Two-candle pattern where the second candle completely engulfs the first. Strong reversal signal with high success rate.

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reversal

Doji Patterns

Candles with very small bodies showing market indecision. Includes Standard Doji, Dragonfly, Gravestone, and Long-legged variants.

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reversal

Morning & Evening Star

Three-candle reversal patterns. Morning Star signals bullish reversal; Evening Star signals bearish reversal.

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reversal

Shooting Star & Inverted Hammer

Single-candle patterns with long upper wicks. Shooting Star is bearish at tops; Inverted Hammer is bullish at bottoms.

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continuation

Three Soldiers & Crows

Three consecutive strong candles in the same direction. Powerful trend continuation or reversal confirmation.

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reversal

Harami Pattern

Two-candle pattern where the second candle is contained within the first. Indicates potential trend reversal.

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Day 3: Supply & Demand

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Day 5: Technical Indicators

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