Educational Lesson
Candlestick patterns are divided into two sections:
Positive:
1️⃣ Bullish Continuation Candlestick Patterns
These occur in an upward trend and indicate the continuation of the rise.
2⃣ Bullish Reversal Candlestick Patterns
These occur in a downward trend and indicate a reversal to bullish.
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Negative:
3⃣ Bearish Continuation Candlestick Patterns
These occur in a downward trend and indicate the continuation of the decline.
4⃣ Bearish Reversal Candlestick Patterns
These occur in an upward trend and indicate a reversal to bearish.
Translation of terms:
- Bullish Bull Market
- Bearish Bear Market
- Continuation
- Reversal
- Patterns