Homing Pigeon candlestick pattern

2-candle patternPossible bullish signal

Homing Pigeon candlestick pattern

A small red candle sits inside a big red one. Selling is shrinking.

After a price declineClose above openClose below open

Illustrative candles, not a live chart. Each candle covers one chart interval.

Spot it in 3 steps

What to check next

A green close above the small candle adds confirmation.

Common mistake

Like a harami, but both candles are red. It’s a weak signal alone.

Definition reference: CMC Markets · Candlestick patterns

Educational example, not a trade recommendation. Patterns can fail. Check the wider trend, support and resistance; practise on demo rather than assuming the next trade will win.

Homing Pigeon candlestick pattern