#bearishmomentum #bullish This image provides a helpful visual guide to bullish and bearish candlestick patterns used in technical analysis of financial markets, especially in trading stocks, crypto, or forex. Here's a breakdown of its usefulness:
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🔍 Purpose:
It clearly categorizes 8 bullish and 8 bearish reversal patterns, making it easy for traders—especially beginners—to identify trend reversal signals.
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🟩 Bullish Patterns (Suggest upward price movement):
1. Dragonfly Doji – Strong rejection of lower prices.
2. Hammer – Signals a potential bottom after a downtrend.
3. Tweezer Bottom – Indicates support and potential reversal upward.
4. Morning Star – A powerful reversal indicator.
5. Bullish Engulfing – Large green candle engulfs red one; strong sign of buyer control.
6. Three White Soldiers – Three green candles; strong bullish continuation.
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🟥 Bearish Patterns (Suggest downward price movement):
1. Gravestone Doji – Strong rejection of higher prices.
2. Inverted Hammer – Appears after uptrend; signals potential reversal.
3. Tweezer Top – Indicates resistance and possible downward move.
4. Evening Star – Strong reversal pattern after an uptrend.
5. Bearish Engulfing – Large red candle engulfs green one; sign of selling pressure.
6. Three Black Crows – Three red candles; strong bearish continuation.
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✅ Why this is useful:
Quick Reference: Great for beginners learning chart patterns.
Visual Clarity: Color-coded and well-structured.
Actionable: Helps in making informed decisions about entry and exit points.
