Price Action Trading: How to Read Candles Without Memorizing Patterns

Sat, 24 Oct 2026 00:03:00 -0400

There are books with hundreds of candlestick patterns. Hammers, dojis, three black crows, abandoned babies.

Here’s the honest take: most of those names don’t do much on their own. Studies testing classic patterns as standalone signals have found mixed results at best. What does matter is something simpler: what price does, where it does it, and what happens next.

Candlesticks on Mind Over Ticks

Price Action Trading: How to Read Candles Without Memorizing Patterns