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Don’t Trade Before Learning These 14 Candlestick Patterns Review

Don’t Trade Before Learning These 14 Candlestick Patterns

Rating: ⭐⭐⭐⭐ (4.2 out of 5)

I have spent years reading all kinds of manuscripts, but every now and then a non-fiction practical guide arrives on my desk that forces me to view human behavior through a completely different lens. Looking at technical financial charts might seem cold or clinical on the surface, yet behind every single bar is a story of human fear and greed. As Editor-in-Chief at Deified Publication, I always look for books that take complex real-world systems and make them feel human and approachable. When I picked up DON’T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS by Arulpandi P, I was curious to see if a simple guide on financial charts could actually hold a reader’s attention. I found myself thinking about how much market charts resemble a continuous visual tug of war between two opposing groups of people.

Trading books often suffer from being either far too academic or full of grand promises that sound like cheap sales pitches. This work takes a different path by focusing purely on visual fundamentals and basic market psychology. It reminded me a bit of Steve Nison’s classic work on candlestick techniques, though this manual is far more streamlined and built for quick reading. Flipping through the initial chapters in early 2026, I appreciated how the author treats price action like a language that anyone can learn with enough practice. It is not about predicting the future with absolute certainty, but rather about learning to read the clues left behind by buyers and sellers in real time.

What Is the Book About?

At its core, DON’T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS is an introductory trading manual designed to teach readers how to interpret price charts using single and multi-candle formations. Arulpandi P structures the book into two clear sections. The first section lays down the basic groundwork by explaining the anatomy of a candlestick, including open, high, low, and close prices, alongside the physical real body and the thin shadows or wicks on either side. It covers essential foundations such as how white or clear bodies show bullish movement where the close is higher than the open, while black or filled bodies reflect bearish control where price closes below the open. The author also introduces basic solitary shapes like the Morubozu, Spinning Top, and Doji to set the stage for more complex setups.

The second section moves into fourteen distinct patterns that signal potential market reversals or continuations. The author walks the reader through familiar structural setups such as the Hammer, Inverted Hammer, Hanging Man, Dark Cloud Cover, Three White Soldiers, and Three Black Crows. For each setup, the guide outlines specific visual guidelines, the psychological shift occurring between bulls and bears, entry triggers, and where to set stop loss levels. Rather than relying on complicated technical formulas, the book focuses on building a visual intuition so that traders can quickly spot shifting sentiment on standard daily charts without feeling overwhelmed by clutter.

Noticing the Details in Layout and Style

What immediately stood out to me while reading was the absolute simplicity of the explanations. In the chapter explaining the Inverted Hammer pattern, the text carefully describes how a market in a downtrend rises significantly above its open price during the session, but then retreats to close near or below that opening level. The description explains that buyers tried to push prices up, but faced resistance from sellers, leaving behind a long upper shadow that is at least twice the length of the body. I really enjoyed how the author breaks down this interaction as a psychological shift rather than just a shape on a page. It makes the chart feel active and understandable, which is a big relief for anyone who feels intimidated by financial jargon.

Another moment that caught my attention was the handling of the Hanging Man formation on page thirty-four and thirty-five. The author notes that even though the candle looks physically identical to a hammer, its placement at the top of an uptrend completely changes its meaning. The long lower shadow shows that sellers managed to push prices down heavily during the session, and even if buyers recovered some ground by the close, the sudden appearance of selling pressure serves as a serious warning sign. I also appreciated the clear visual diagrams used for multi-candle structures like the Dark Cloud Cover on page eighty-seven, where a long black candle opens above the previous day’s high but closes well below the midpoint of the previous white candle’s body. These concrete details give the reader clear rules to follow when analyzing a real chart.

Don’t Trade Before Learning These 14 Candlestick Patterns
Don’t Trade Before Learning These 14 Candlestick Patterns

The Emotional Core Behind Market Signals

Even though this is a instructional reference book, there is a clear psychological thread running through every page. The author repeatedly stresses that candlesticks are simply reflections of collective human emotion, capturing the exact moments when confidence turns into panic or enthusiasm turns into caution. Reading through the breakdown of the Three White Soldiers pattern on page ninety-nine, you can feel the steady build-up of buying momentum as three consecutive long white candles close near their highs. The text explains how this steady rise forces short sellers to exit their positions out of fear, which further accelerates the upward move. It is a great illustration of how price action directly mirrors trader behavior.

Conversely, the discussion on the Three Black Crows pattern on page one hundred and one shows the opposite side of market emotion. The text describes three sequential black candles stepping downward like stairs, signaling that buyers are completely losing confidence and stepping aside. The author includes a helpful note on page one hundred and four referencing statistical observations by Bulkowski, pointing out that smaller lower shadows and higher trading volume during the pattern increase the reliability of the reversal signal. However, the book remains grounded by reminding the reader that no pattern is foolproof. It candidly advises traders to look for confirmation from volume or moving averages rather than jumping blindly into a trade, which adds a welcome layer of realism to the advice.

Who Should Read This Book and Who Might Skip It

If you are a beginner looking for a simple guide on reading price action, this book is worth your time. It cuts through the noise and delivers clear visual rules that you can start using on a chart right away. Novel traders who find standard financial textbooks overwhelming will appreciate the straightforward language, clear diagrams, and step-by-step layout. It serves as a handy desktop reference that you can easily flip through whenever you need to double-check a specific candle formation or review basic stop loss rules before entering a trade.

On the other hand, experienced technical analysts and veteran traders will likely find this book far too basic. The book covers well-trodden ground and does not delve into advanced concepts like market structure shifts, liquidity pools, or multi-timeframe alignment. Additionally, the overall visual layout of the book feels somewhat unpolished. Some pages feature sideways or awkwardly aligned text, and a few diagram boxes look like basic digital sketches rather than professional chart illustrations. If you expect pristine typography and deep mathematical analysis, this simple self-published style might feel a bit disappointing.

Honest Closing Thoughts

Ultimately, DON’T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS by Arulpandi P does exactly what it sets out to do without unnecessary bloat. It takes fourteen essential price action formations and breaks them down into clear, manageable lessons that any beginner can understand. While the formatting has a few minor rough edges, the core educational content is practical, direct, and easy to follow. If you want a quick reader review to help you decide whether to buy, I would say it provides solid foundational value for anyone starting their trading journey.

FAQs

What is DON’T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS about?

This book is a beginner-friendly guide to technical analysis that explains how to read candlestick charts. Author Arulpandi P breaks down the basic structure of candlesticks and provides detailed explanations, entry rules, stop loss levels, and market psychology for fourteen highly reliable price patterns.

Is DON’T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS worth reading for complete beginners?

Yes, it is specifically written for novice and intermediate traders. The book avoids overly complex jargon and uses simple diagrams and plain language to explain how price action reflects buying and selling pressure in financial markets.

Does Arulpandi P include risk management advice in the book?

Yes, the author consistently includes stop loss placements for the patterns discussed and reminds readers to seek confirmation from other technical tools, such as trading volume or support and resistance levels, before executing trades.