To Every Beginner Trader,🍵☕🍵
These two candles are confirmation candles, meaning they confirm whether the price will go up or down.
The candle on the left is called a hammer 🔨 candle — if it appears after a downtrend 📉, it signals that the price might rise 📈.
The two green candles on the right are called engulfing candles 🕯️🕯️. Why?
Because they engulf the previous red candle 🔴!
The red candle typically has two small wicks (an upper wick and a lower wick) and a large body compared to the wicks — all happening during a downtrend 📉.
(In an uptrend 📈, the candle colors are reversed!)
Good luck to everyone!
Don't forget to follow ➕ — I will post confirmed personal trades four times a day ⏰!
Stay well and safe! ✨
