🌟 Morning Star
This 3-candle pattern appears after a downtrend. It starts with a strong bearish candle, followed by a small indecisive one, and finishes with a large bullish candle. The Morning Star signals a hopeful reversal — the buyers are making a comeback!
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🔨 Hammer
The Hammer forms at the bottom of a downtrend and is a bullish reversal signal. Its long lower wick shows sellers tried to push lower but failed, and buyers regained control with a strong close. A green hammer is more powerful, but even a red one can indicate a reversal — with confirmation.
🐂 Bullish Engulfing
A small red candle followed by a large green candle that completely engulfs the first one — this is a clear sign of bullish dominance! A strong trend reversal signal showing buyer strength.
⚡ Inverted Hammer
Similar to the hammer, but with a long upper wick. Seen after a downtrend, and if followed by a bullish candle, it confirms a potential reversal.
🎯 Piercing Pattern
Starts with a red candle, followed by a green candle that opens lower but closes above the midpoint of the red candle. This indicates fresh buying interest and a possible shift in trend.
🎖️ Three White Soldiers
Three consecutive strong green candles with higher closes — this pattern screams bullish momentum! Typically found at the end of a downtrend or after consolidation.
🚀 Rising Three Method
Begins with a strong green candle, followed by small red candles that stay within its range, then another strong green candle. This shows the bulls are simply pausing before the next upward move.
🐉 Dragonfly Doji
A Doji with a long lower shadow and a close near the open or high. Sellers pushed down but buyers recovered everything. After a downtrend, this can be a bullish signal.
🤰 Bullish Harami
A small green candle within a large red candle’s range — this shows selling pressure is slowing down. If the next candle confirms, a reversal might be underway.
💭 Final Takeaway
Candlestick patterns are more than just shapes — they reflect trader psychology and market sentiment. Combine them with support/resistance, volume, and trendlines to take your trading confidence to the next level.
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