Candlestick Patterns & Chart Formations
1. 🌠 Shooting Star – A bearish reversal pattern with a small body and a long upper wick, signaling a potential price drop after an uptrend.
2. � Flat Top Breakout – A bullish continuation pattern where the price consolidates under resistance before breaking out upward.
3. � Bear Flag – A bearish continuation pattern where a small upward correction follows a strong downtrend before another drop.
4. 👥 Head & Shoulders – A reversal pattern signaling a potential trend change from bullish to bearish after forming three peaks.
5. 🟢 Bullish Engulfing – A strong bullish reversal pattern where a large green candle completely engulfs the previous red candle.
6. 🔨 Inverted Hammer – A bullish reversal pattern appearing after a downtrend, with a small body and a long upper wick, indicating potential buying pressure.
7. 🏳 Bull Flag – A bullish continuation pattern where a slight downward consolidation follows a strong uptrend before another upward move.
8. ⏬ Flat Top Breakdown – A bearish continuation pattern where the price consolidates before breaking downward, signaling further declines.
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