Patterns are repeating shapes of candles on the chart. They indicate where the price will go: up, down, or sideways.

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🔍 Why are they needed?

  1. Understand where to enter a trade

  2. Where to set stop and take profit

  3. Avoid mistakes and false movements

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🧠 3 patterns you should know:

  1. Hammer — Reversal upwards after a decline

  2. Engulfing — Trend change if the body of the candle 'engulfs' the previous one

  3. Doji — Indecision — wait for confirmation

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📷 Here’s a cheat sheet from Binance (save it for yourself):


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📌 Conclusion:

Candles are the language of the market. Those who can read earn.

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