A Pro Trader’s Cheat Sheet
Candlestick patterns reveal market sentiment and potential reversals. Here’s a concise breakdown of key signals:
**Bullish Patterns (BUY)**
1. **Bullish Engulfing**: A large green candle swallows the prior red candle—strong uptrend signal.
2. **Hammer**: Long lower wick shows rejection of lows; ideal at support.
3. **Morning Doji Star**: Bearish candle → Doji → Bullish candle = Trend reversal.
4. **Rising Sun**: Bearish candle followed by a gap up and strong bullish close.
**Bearish Patterns (SELL)
1. **Bearish Engulfing**: Large red candle engulfs the prior green candle—downtrend ahead.
2. **Dark Cloud Cover**: Green candle followed by red candle closing below midpoint.
3. **Shooting Star**: Small body with long upper wick = Rejection of highs.
4. **Hanging Man**: Looks like a hammer but after an uptrend—sell signal.
### **Pro Tips**
- Confirm with volume and key levels (support/resistance).
- Always use stop-losses.
- Combine with trends for higher accuracy.
**Trade smart, not hard!**
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