High profit candlestick patterns Here we will cover the well-known candlestick patterns for informational purposes only. The schematics on the left show how it may look in the real chart. Every pattern has a funny name and brief description. Important to note, a reversal pattern does not necessarily result in complete trend reversal, but a minor change or pause in price action. Bullish reversal patterns This category of candlestick patterns signals a potential trend reversal from bearish to bullish. Before a pattern appears, you should identify a short-term downtrend. We will talk about trend definition later in Breakaway Long bearish candlestick is followed by a gap. The next three consecutive bearish candlesticks make new lows. Suddenly, a long bullish candlestick appears and closes inside the gap between the first two candlesticks.