#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

#TradingTypes101