The image illustrates the Rising Sun Candlestick pattern, which is a bullish reversal pattern in technical analysis.

Key Points:

1. Formation:

Appears after a downtrend.

Consists of two candles:

A red (bearish) candle.

Followed by a green (bullish) candle that opens lower but closes above the midpoint of the previous red candle.

2. Strategy:

Buy Entry: Above the high of the green bullish candle.

Stoploss: Below the low of the green bullish candle.

3. Implication:

Indicates potential trend reversal from bearish to bullish.

Signals buyers taking control after a period of selling pressure.

Would you like help identifying this pattern in real market charts or creating an alert for it in trading software like TradingView?