> For the complete documentation index, see [llms.txt](https://docs.bigbeluga.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bigbeluga.org/main-toolkits/market-waves-pro-tm/candlestick-patterns.md).

# Candlestick Patterns

This indicator improves traditional candlestick pattern detection by incorporating market mean-reversion phases and volume analysis, providing higher accuracy and reliability in trading signals. 

## **Bearish** candlestick patterns

<details>

<summary>Hanging Man (HM)</summary>

A bearish reversal pattern occurring after an uptrend, signaling potential selling pressure. The pattern is validated by mean-reversion zones to confirm trend exhaustion.

<figure><img src="/assets/30bad4d13620178bcb0ad9be91279e07556f61983b9456ecca51427000c36836.png" alt=""><figcaption></figcaption></figure>

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<summary>Shooting Star (S)</summary>

A potential bearish reversal pattern where the price closes near its low after a long upper shadow. It is filtered to appear only in relevant reversion phases.

<figure><img src="/assets/bd813e5ca74afec17675da90a84019d993e89434f07af3379fe358976a08bde9.png" alt=""><figcaption></figcaption></figure>

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<summary>Bearish Engulfing (EG)</summary>

A strong bearish signal when a larger down candle completely engulfs the prior up candle. Market phase analysis ensures it appears in high-probability scenarios.

<figure><img src="/assets/209c40d708155cd5c12cdd3890060c4ca93c4e7c234ff2cd795bed7edf9498ad.png" alt=""><figcaption></figcaption></figure>

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<summary>Falling 3 (F3)</summary>

A bearish continuation pattern that indicates downward momentum after a period of consolidation. It is displayed only in relevant market contexts.

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<summary>Three Black Crows (3BC)</summary>

Three consecutive bearish candles signaling sustained bearish momentum. The pattern is validated by mean-reversion data.

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<summary>Evening Star (E)</summary>

A bearish reversal pattern marking a shift in trend, confirmed through market phase filtering to enhance accuracy.

<figure><img src="/assets/26e8a29a45aa4602554a2df017ba027ed5898d2955be2dfb57967ea171cc0144.png" alt=""><figcaption></figcaption></figure>

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<summary>Bearish Harami (H)</summary>

A weaker bearish reversal pattern appearing during retracement phases, validated by trend exhaustion signals.

<figure><img src="/assets/9268351689fecf01601070444597a6dff46184348cf01a90f356470169da4ec7.png" alt=""><figcaption></figcaption></figure>

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<summary>Tweezer Top (TT)</summary>

A pattern indicating rejection of higher prices, appearing in phase-analyzed conditions to confirm exhaustion.

<figure><img src="/assets/8ab1ec41a4afc8c398eb0c0989bc8b22b4fb74a755f793a40e3c8343b79494be.png" alt=""><figcaption></figcaption></figure>

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<summary>Bearish Doji</summary>

A Bearish Doji forms after an extended uptrend and suggests that **buying momentum is weakening**.&#x20;

<figure><img src="/assets/416eae260fb3c2d583104aa237f663915ed56c71092a5fb54b90de51e195edd1.png" alt=""><figcaption></figcaption></figure>

</details>

##

## **Bullish candlestick patterns**

<details>

<summary>Hammer (H)</summary>

A bullish reversal pattern occurring after a downtrend. The indicator filters this pattern to show only in validated reversion phases.

<figure><img src="/assets/e367e8ce8e00083b869038d467faad9e40793c26162719ea4271f31d78bd2006.png" alt=""><figcaption></figcaption></figure>

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<summary>Inverted Hammer (IH)</summary>

A potential bullish reversal signal appearing after a downtrend. It is optimized by market phase analysis to increase reliability.

<figure><img src="/assets/829e22f894e35cb328de8f5d349051f4546f5ee3b15da1ac64801ff88b30a8ed.png" alt=""><figcaption></figcaption></figure>

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<details>

<summary>Bullish Engulfing (EG)</summary>

A strong bullish signal where a larger up candle engulfs the prior down candle. Only shown when validated by reversion zones.

<figure><img src="/assets/779aefb16486163ed8f68ec41250ad73b97f1ec59cc0889744983c5b22aa9188.png" alt=""><figcaption></figcaption></figure>

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<summary>Rising 3 (R3)</summary>

A bullish continuation pattern that signals upward momentum after a pause. It is filtered to ensure relevance to market phases.

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<summary>Three White Soldiers (3WS)</summary>

Three consecutive bullish candles signaling strong upward momentum. The indicator validates this pattern in mean-reversion phases.

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<summary>Morning Star (M)</summary>

A bullish reversal pattern indicating a shift in trend, confirmed by phase-based market filtering.

<figure><img src="/assets/7f4aad7896b27f9930d42ee406f83f07e0f2308359054b95b801cf546a33a4c1.png" alt=""><figcaption></figcaption></figure>

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<summary>Bullish Harami (H)</summary>

A weaker bullish reversal signal appearing during retracement phases, optimized to reduce false positives.

<figure><img src="/assets/4bae1254331e5f6a46e0356849c193a7ae8351f1385f00086208145a83dd4a48.png" alt=""><figcaption></figcaption></figure>

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<summary>Tweezer Bottom (TB)</summary>

A pattern signaling rejection of lower prices, validated by market exhaustion analysis to confirm a reversal.

<figure><img src="/assets/6594b805280c3c75d5c7aa38c0ed25b9eacf89ba6b4690b494df6b6b76b9b09d.png" alt=""><figcaption></figcaption></figure>

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<summary>Bullish Doji</summary>

A Bullish Doji appears after a downtrend and reflects market indecision as sellers begin to lose strength.&#x20;

<div align="left"><figure><img src="/assets/f5820875c448befa92f958fe02083aecae2304b7eb962c926abfbdb2b5c9e431.png" alt=""><figcaption></figcaption></figure></div>

The candle has a small body with long wicks, indicating that although price moved during the session, it closed near its open.&#x20;

This pause often signals a potential **shift in sentiment**. When confirmed by a strong bullish candle (like a bullish engulfing or hammer), it can mark the **beginning of a reversal to the upside**.

</details>

##

## Volume Data

The displayed volume corresponds to the total volume of all bars contributing to the formation of the pattern:

<figure><img src="/assets/8e04fab6bc510a1d797e4583e38b2eb22218dbcdcc87307531a10719126bf9cd.png" alt=""><figcaption></figcaption></figure>

Volume data provides insights into the strength and reliability of each pattern.&#x20;

##

## Settings

<div align="left" data-with-frame="true"><figure><img src="/assets/24346383a995796fa6fcf63ba1dd99e7f290a9e3dfe8423797c48c83359d2f22.png" alt=""><figcaption></figcaption></figure></div>

| Settings        | Description                                                                                                                                                                                                          |
| --------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Toggle          | display patterns toggle                                                                                                                                                                                              |
| Pattern options | <p>All (to show every supported pattern).<br><br>Hammer, Engulfing, Rising 3, Three White Soldiers, Star (Morning/Evening/Shooting), Harami, Tweezer Top/Bottom, Doji, Hanging Man, Falling 3, Three Black Crows</p> |