Most traders spend months cramming their heads with pin bars, dojis, spinning tops, engulfings, and every candlestick name under the sun.
But here’s the truth: 90% of those patterns don’t work on their own.
Instead of memorizing a dictionary of candles, you only need three proven candlestick patterns.
When used in the right market context, these patterns can give you sniper-like trade entries.
In this post, you’ll learn:
Let’s dive in at once.
This is one of the most underrated candlestick patterns — and it works because it shows a shift in momentum.
Here’s how it looks:
This structure is sometimes called a Morning Star (bullish), Evening Star (bearish), or a simple 3-Bar Reversal.
The secret?
Location matters more than appearance.
If the reversal happens randomly in the middle of the chart, ignore it.
But if it forms at a key supply or demand zone, after a Break of Structure (BOS) or a liquidity sweep, it becomes a powerful setup.
When you catch this pattern in the right spot, you’re often entering just before the wider market sees what’s happening.
The Pin Bar (also called a Hammer when bullish, or Shooting Star when bearish) is one of the most famous candlestick patterns.
But here’s the mistake: most traders trade it anywhere on the chart.
A real pin bar indicates that liquidity is being trapped and rejected.
This wick shows where the market reached for liquidity, swept orders, and then completely rejected that price.
The best pin bars form at supply or demand zones, right after a liquidity grab, and confirm a structural break.
Sometimes, the pin bar even becomes part of a 3-Bar Reversal setup, making the signal even stronger.
The Engulfing pattern is one of the cleanest confirmations you can get.
Why it works is that it shows a complete takeover of momentum.
But just like the other patterns, context is everything.
On its own, it’s noise.
At the right zone, after a BOS or liquidity sweep, it’s a sniper entry.
Most traders fail not because of bad candlestick reading, but because they draw supply and demand zones incorrectly.
Here’s a clean 4-step process:
Then wait for the price to return to that zone.
Once it does, look for one of the three candlestick patterns (Reversal, Pin Bar, Engulfing) as confirmation before entering.
Keep zones simple and precise. If your zones are messy, your trades will be messy.
Candlestick patterns are powerful, but only if you stop memorizing dozens and focus on the ones that work:
Used alone, they’re weak.
Used in the right context — with Supply & Demand, Break of Structure, and Liquidity Sweeps — they become high-probability trading tools.
Now, over to you:
What’s your go-to candlestick pattern?
Drop it in the comments below, let’s see if it makes the top 3.
You can also join our mentorship session, where we teach traders how to combine these setups with proper market structure analysis.
This way, you can stop gambling and start trading with confidence.
See you there!
The post The Only 3 Candlestick Patterns You Need to Win More Trades appeared first on NIGERIA BITCOIN COMMUNITY.
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