#TradingTypes101
1.Hammer Candle
Forms at the bottom of a downtrend, signaling a potential bullish reversal.
2.Hanging Man Candle
Resembles the Hammer but appears at the top of an uptrend, hinting at a possible bearish reversal.
3. Doji Candle
Shows market indecision, with nearly identical opening and closing prices.
4.Bullish Engulfing Candle
A two-candle pattern where a large bullish candle completely covers the prior bearish candle, suggesting upward momentum.
5.Bearish Engulfing Candle
The opposite of the Bullish Engulfing, where a bearish candle swallows the previous bullish one, indicating potential downside.
6.Morning Star Pattern
A three-candle formation that signals a shift from a downtrend to an uptrend.
7. Evening Star Pattern
The bearish counterpart to the Morning Star, marking a reversal from an uptrend to a downtrend