Elevate your trading with candlestick charts.

Trade digitally. Not emotionally.

But before you join up, we’d like to give you a little history behind the website’s interface: the candlestick charts.

The history behind the candlestick charts

In the early 1700s, a rice merchant of the Dojima Rice market in Osaka named Munehisa Homma noticed that although there was a link between the price, supply and demand of rice, the markets were strongly influenced by traders’ emotions.

Emotions support our survival instinct by helping us to react quickly. But our responses can sometimes be irrational. To stop his emotions impacting his trading decisions, Homma developed the candlestick charts.

Candlestick charts visualize market price activity as patterns, helping traders to avoid making emotional decisions.

We’ve created this site especially for you to celebrate the launch of Fabriik Exchange which features some of these candlestick patterns. We hope you find this interesting, and that this helps you better understand and anticipate price movements in the crypto market.

The structure of a candlestick chart

Opening price

This is at the point where the session opened. On a bullish candle, the open is at the bottom of the body. On a bearish candle, the open is at the top of the body.

Closing price

This is at the point where the session closed. On a bullish candle, the close is at the top of the body. On a bearish candle, the close is at the bottom of the body.

High

This is the market reached it’s the highest price during the trading session. This gives you an idea of how high the market moved in one trading period.

Low

This is the market reached it’s the lowest price during the trading session. This gives you an idea of how low the market moved in one trading period.

The structure of a candlestick chart

Bullish Candlestick Patterns

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Inverted Hammer

A one-day bullish reversal pattern. In a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop.

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Morning Doji Star

Morning Doji Star

A three-day bullish reversal pattern that is very similar to the Morning Star. The first day is in a downtrend with a long black body. The next day opens lower with a Doji that has a small trading range. The last day closes above the midpoint of the first day.

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Morning Star

Morning Star

A three-day bullish reversal pattern consisting of three candlesticks – a long-bodied black candle extending the current downtrend, a short middle candle that gapped down on the open, and a long-bodied white candle that gapped up on the open and closed above the midpoint of the body of the first day.

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Piercing Line

Piercing Line

A bullish two-day reversal pattern. The first day, in a downtrend, is a long black day. The next day opens at a new low, then closes above the midpoint of the body of the first day.

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Rising Three Methods

Rising Three Methods

A bullish continuation pattern in which a long white body is followed by three small body days, each fully contained within the range of the high and low of the first day. The fifth day closes at a new high.

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Hammer

Hammer

Hammer candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during a decline, then it is called a Hammer.

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Stick Sandwich

Stick Sandwich

A bullish reversal pattern with two black bodies surrounding a white body. The closing prices of the two black bodies must be equal. A support price is apparent and the opportunity for prices to reverse is quite good.

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Three White Soldiers

Three White Soldiers

A bullish reversal pattern consisting of three consecutive long white bodies. Each should open within the previous body and the close should be near the high of the day.

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Bullish Candlestick Patterns

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Inverted Hammer

A one-day bullish reversal pattern. In a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop.

Morning Doji Star

Morning Doji Star

A three-day bullish reversal pattern that is very similar to the Morning Star. The first day is in a downtrend with a long black body. The next day opens lower with a Doji that has a small trading range. The last day closes above the midpoint of the first day.

Morning Star

Morning Star

A three-day bullish reversal pattern consisting of three candlesticks – a long-bodied black candle extending the current downtrend, a short middle candle that gapped down on the open, and a long-bodied white candle that gapped up on the open and closed above the midpoint of the body of the first day.

Piercing Line

Piercing Line

A bullish two-day reversal pattern. The first day, in a downtrend, is a long black day. The next day opens at a new low, then closes above the midpoint of the body of the first day.

Rising Three Methods

Rising Three Methods

A bullish continuation pattern in which a long white body is followed by three small body days, each fully contained within the range of the high and low of the first day. The fifth day closes at a new high.

Hammer

Hammer

Hammer candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during a decline, then it is called a Hammer.

Stick Sandwich

Stick Sandwich

A bullish reversal pattern with two black bodies surrounding a white body. The closing prices of the two black bodies must be equal. A support price is apparent and the opportunity for prices to reverse is quite good.

Three White Soldiers

Three White Soldiers

A bullish reversal pattern consisting of three consecutive long white bodies. Each should open within the previous body and the close should be near the high of the day.

Bearish Candlestick Patterns

Three Black Crows

Three Black Crows

A bearish reversal pattern consisting of three consecutive long black bodies where each day closes at or near its low and opens within the body of the previous day.

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Evening Doji Star

Evening Doji Star

A three-day bearish reversal pattern similar to the Evening Star. The uptrend continues with a large white body. The next day opens higher, trades in a small range, then closes at its open (Doji). The nextday closes below the midpoint of the body of the first day.

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Evening Star

Evening Star

A bearish reversal pattern that continues an uptrend with a long white body day followed by a gapped up small body day, then a down close with the close below the midpoint of the first day.

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Falling Three Methods

Falling Three Methods

A bearish continuation pattern. A long black body is followed by three small body days, each fully contained within the range of the high and low of the first day. The fifth day closes at a new low.

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Shooting Star

Shooting Star

A single day pattern that can appear in an uptrend. It opens higher, trades much higher, then closes near its open. It looks just like the Inverted Hammer except that it is bearish.

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Hanging Man

Hanging Man

Hanging Man candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during an advance, then it is called a Hanging Man.

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Upside Gap Two Crows

Upside Gap Two Crows

A three-day bearish pattern that only happens in an uptrend. The first day is a long white body followed by a gapped open with the small black body remaining gapped above the first day. The third day is also a black day whose body is larger than the second day and engulfs it. The close of the last day is still above the first long white day.

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Bearish Candlestick Patterns

Three Black Crows

Three Black Crows

A bearish reversal pattern consisting of three consecutive long black bodies where each day closes at or near its low and opens within the body of the previous day.

Evening Doji Star

Evening Doji Star

A three-day bearish reversal pattern similar to the Evening Star. The uptrend continues with a large white body. The next day opens higher, trades in a small range, then closes at its open (Doji). The nextday closes below the midpoint of the body of the first day.

Evening Star

Evening Star

A bearish reversal pattern that continues an uptrend with a long white body day followed by a gapped up small body day, then a down close with the close below the midpoint of the first day.

Piercing Line

Falling Three Methods

A bearish continuation pattern. A long black body is followed by three small body days, each fully contained within the range of the high and low of the first day. The fifth day closes at a new low.

Shooting Star

Shooting Star

A single day pattern that can appear in an uptrend. It opens higher, trades much higher, then closes near its open. It looks just like the Inverted Hammer except that it is bearish.

Hanging Man

Hanging Man

Hanging Man candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during an advance, then it is called a Hanging Man.

Stick Sandwich

Upside Gap Two Crows

A three-day bearish pattern that only happens in an uptrend. The first day is a long white body followed by a gapped open with the small black body remaining gapped above the first day. The third day is also a black day whose body is larger than the second day and engulfs it. The close of the last day is still above the first long white day.

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