🔸 Engulfing Candle
A large candle that completely "envelopes" the previous candle.
Bullish Engulfing: A signal from below to above.
Bearish Engulfing: A signal from above to below.
🔸 Hammer Candle
A small body candle with a long lower shadow, indicating that buyers have become active from below.
It forms after a downward trend and signals a buying opportunity.
🔸 Piercing Pattern
The first candle goes down, the second candle comes up more than halfway.
It signals a Bullish Reversal.
🔸 Harami Candle
A small candle that comes inside after a large candle.
Indicates a pause or reversal in the trend.
🔸 Shooting Star
A long upper shadow, a small body at the bottom — it indicates a selling signal when the market has gone too high.
🔸 Dark Cloud Cover
A red candle that cuts more than halfway after the first green candle.
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