šØ Learn these candles and you will never loseā
šš š Bullish Candle Patterns (indicate potential upward trend)
1ļøā£ Hammer - Small body with a long lower wick. - Appears at the bottom of a downtrend. - Indicates strong buying pressure. - Confirms the reversal if followed by a bullish candle. ---
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2ļøā£ Inverted Hammer - Small body with a long upper wick. - Appears at the bottom of a downward trend. - Indicates a potential bullish reversal upon confirmation. 3ļøā£ Bullish Engulfing - A small red candle followed by a large green candle that engulfs it. - Indicates a strong shift from bearish to bullish. - Works well at key support levels. 4ļøā£ Piercing Line - A red candle followed by a strong green candle. - The green candle closes above the midpoint of the red candle. - Indicates a bullish reversal upon confirmation. 5ļøā£ Morning Star - Three candles: red, small body (indecision), and green. - Indicates a shift from bearish to bullish. - Works well at support zones. 6ļøā£ Three White Soldiers - Three consecutive strong green candles. - Each opens within the body of the previous candle and closes at a higher level. - Indicates strong bullish momentum. ---