🕯Candlestick Patterns for Beginner Traders
If you're new to trading, understanding candlestick patterns can help you predict market trends. Today, let's talk about two important confirmation candles: the Hammer and the Bullish Engulfing.
-Hammer Candle: This is a single candle that usually appears after a downtrend. It signals that the price might increase soon.
-Bullish Engulfing Candle: This pattern is made up of two candles. It shows that the price, which may have been dropping, is likely to start rising.
Learning these patterns can give you more confidence in your trading journey. Keep exploring, practicing, and improving!
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