Are you tired of seeing your trades fall? It's time to change the game! Learn to identify when the market is about to take a turn and ride the bullish wave. Here we present the most powerful Japanese candlestick patterns to detect a trend change from bearish to bullish:
1️⃣ 🛠️ Bullish Hammer
* How does it look? A candle with a small body and a VERY long lower wick.
* Where does it appear? Typically at the end of a bearish trend.
* Meaning: Sellers tried to push the price down, but buyers entered strongly, rejecting the decline!
* Key confirmation: The next candle must be green to validate the signal.
2️⃣ 🔄 Inverted Hammer
* How does it look? Similar to a hammer, but "flipped" – with a long upper wick.
* Where does it appear? After a falling phase.
* Meaning: Buyers attempted to push the price up, and although they encountered resistance, the upper wick indicates significant buying pressure.
* Key confirmation: The next candle will confirm if buyers managed to take control.