Tutorial
Japanese candlestick patterns are divided into two categories:
Positive:
1. Bullish Continuation Candlestick Patterns
These occur during an upward trend and indicate a continued upward trend.
2. Bullish Reversal Candlestick Patterns
These occur during a downward trend and indicate a reversal to an upward trend.
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Negative:
3. Bearish Continuation Candlestick Patterns
These occur during a downward trend and indicate a continued downward trend.
4. Bullish Reversal Candlestick Patterns
❌Bearish Reversal Candlestick Patterns
Come in an upward trend and indicate a reversal to a downward trend.
Translation of terms:
- Bullish Market
- Bearish Market
- Continuation
- Reversal
- Patterns