Forex Charts Cheat Sheet

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Candlestick Anatomy

Bullish vs Bearish

ColorMeaning
Green / WhiteBullish – Close > Open
Red / BlackBearish – Close < Open

Pattern Quick Reference

PatternStructureSignal
Bullish EngulfingGreen candle engulfs prior redPotential reversal up
Bearish EngulfingRed candle engulfs prior greenPotential reversal down
DojiOpen ≈ Close, small bodyIndecision
HammerSmall body at top, long lower wickBullish at support
Hanging ManSame as hammerBearish at resistance
Shooting StarSmall body at bottom, long upper wickBearish after uptrend

Chart Types

TypeShowsBest for
LineClose onlyBig-picture trends
BarOHLC (ticks)Detailed analysis
CandlestickOHLC + colorPatterns, most popular

Not financial advice. For educational use only. Forex trading involves substantial risk.