1 of 3 Candlestick Patterns That Pinpoint Reversals. When I'm analyzing a market, there are only 3 candlestick patterns that I'm worried about. Over the last decade, they have proven to be the most accurate at confirming entries at the areas I want to trade. 1 - BULLISH REVERSAL CANDLESTICK PATTERN. The image above shows a bullish reversal candlestick, and you'll notice that it's a singular candle formation. Here's what a bullish candlestick is telling us: Price made a new low, but selling pressure very quickly dried up as an increase of buyers entered the market, resulting in the candle closing high off its lows, signaling buying strength.