6 Candlestick Patterns for Bullish Reversals šŸš€

Master these patterns to spot bullish reversals and trade with confidence. Always confirm signals for stronger trades.

1. Bullish Hammer šŸ› ļø

Shape: Small body, long lower wick.

Location: Bottom of a downtrend.

Signal: Sellers rejected; buyers stepping in.

Confirmation: Next candle must be green.

2. Inverted Hammer šŸ”„

Shape: Small body, long upper wick.

Location: End of a downtrend.

Signal: Buyers attempted a push; next candle confirms reversal.

3. Bullish Engulfing šŸ‚

Shape: Small red candle fully engulfed by a larger green candle.

Location: After a sharp decline.

Signal: Bulls overpower bears.

4. Morning Star 🌟

Pattern: 3 candles:

1. Large red candle (downtrend).

2. Small indecision candle.

3. Large green candle (reversal).

Signal: Strong bullish reversal.

5. Piercing Line ⚔

Pattern: 2 candles:

1. Strong red candle.

2. Green candle opens lower, closes above red’s midpoint.

Signal: Buyers outmuscle sellers.

6. Three White SoldiersšŸŽ–ļø

Pattern: 3 consecutive green candles with small wicks, each opening within the prior candle’s body.

Signal: Powerful bullish momentum.

Key Tips:

āœ… Confirm with rising volume.

āœ… Check support/resistance levels for stronger signals.

āœ… Use RSI or moving averages for extra validation.

šŸ’” Stronger confirmation = bigger potential move.

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