🕯️ Candlestick Chart Cheat Sheet – Decode the Market Like a Pro! 📈
Want to trade smarter? Start with the language of price action – candlestick patterns. This cheat sheet reveals the most powerful signals every trader should know! 🔍
📊 Bullish Reversal Patterns:
Hammer – A signal of strong buying after a downtrend.
Bullish Engulfing – Buyers take control with a larger green candle.
Morning Star – A 3-candle pattern that marks the end of a bearish move.
Tweezer Bottom – Double rejection of lower prices = possible reversal.
🔻 Bearish Reversal Patterns:
Shooting Star – Price hits resistance and gets rejected hard.
Bearish Engulfing – Sellers dominate, a major red flag in an uptrend.
Evening Star – The opposite of the Morning Star – warns of a top!
⚡ Candlestick Strength Meter:
Long green = Strong bullish
Long red = Strong bearish
Small bodies = Indecision
Wicks = Rejection zones
🔥 Triple Patterns:
✅ Three White Soldiers – Super bullish momentum.
⚠️ Three Black Crows – Bearish trend incoming.
🌀 Indecision Candles:
Doji & Spinning Top – Market is unsure, big move might be next!
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