Understanding candles = Understanding the market.
Today, let’s talk about two important confirmation candles — the ones that tell you whether price will go UP or DOWN.
1️⃣ The Hammer Candle 🔨
Appears after a downtrend.
Has a small body and a long lower wick.
It’s a strong signal that the price may reverse upwards!
Think of it like the market hitting the floor — and bouncing back up.
2️⃣ The Bullish Engulfing Candles 🟩🟩
Two green candles that completely engulf a previous red candle.
The red candle before it has small wicks and a big body (in a downtrend).
When two strong green candles “eat” a weak red one — it’s a sign buyers are taking over!
(In an uptrend, the colors flip — but the logic stays the same!)
Summary:
These candles are confirmation patterns — trusted by pro traders to predict big moves!
Good luck to everyone!
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