MASTER THESE CANDLESTICK PATTERNS TO TRANSFORM YOUR TRADING STRATEGY
Want to reduce losses and catch big moves before they happen? Recognizing key candlestick patterns can give you a serious edge. Here are the top bullish formations every smart trader should know:
š¹ Piercing Pattern A strong green candle closes above the midpoint of a previous red candle. Reliable reversal at support.
š¹ Morning Star A threecandle setup: bearish, indecision, then bullish. Signals a shift in trend direction.
š¹ Morning Doji Star Similar to the Morning Star, but with a doji in the middle. Indicates uncertainty before a potential bounce.
š¹ Bullish Engulfing A green candle completely engulfs the red. Strong momentum from buyers.
š¹ Bullish Harami A small green candle forms inside a prior red. Suggests a slowdown in selling.
š¹ Bullish Harami Cross A variation with a doji as the second candle. A stronger reversal indicator.
š¹ Three Inside Up A red candle, followed by a green within it, then another strong green. Signals trend confirmation.
š¹ Three White Soldiers Three consecutive bullish candles, each stronger than the last. Indicates sustained upward momentum.
š¹ Bullish Doji Star A red candle followed by a doji. If a green candle follows, reversal likely.
š¹ Tweezer Bottom Two candles with nearly identical lows. Strong signal of support.
š¹ Bullish Stick Sandwich Red-green-red pattern where the green closes higher than both reds. Indicates quiet accumulation.
Understanding these patterns can help you enter earlier and exit smarter.
