#CurrencyPairPrediction Candlestick patterns are widely used in short-term FX (foreign exchange) trading to predict price movements based on historical price behavior. These patterns—such as doji, engulfing, hammer, and shooting star—reflect market sentiment and potential trend reversals or continuations. For example, a bullish engulfing pattern may signal a potential upward reversal, while a shooting star could indicate a bearish turn. While useful, candlestick patterns are most effective when combined with other technical indicators and market context, as they can produce false signals in volatile or low-volume conditions.