Important candlestick patterns to learn for trading:
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1. *Bullish Hammer* 🛠️: A small body with a long lower wick, indicating buyers regained control after a downtrend. Confirmation needed with a green candle after it.
2. *Inverted Hammer* 🔄: A long upper wick shows buyers trying to push the price up after a downtrend. Requires confirmation with the next bullish candle.
3. *Bullish Engulfing* 🐂: A small red candle followed by a large green candle that engulfs the previous one, signaling strong buyer momentum.
4. *Morning Star* 🌟: A 3-candle pattern indicating a shift from bearish to bullish sentiment.
5. *Piercing Line* ⚡: A 2-candle pattern showing buying strength and potential reversal.
6. *Three White Soldiers* 🎖️: 3 consecutive long green candles with small wicks, indicating a strong bullish reversal.