Learn these candlesticks and you will never face any losses again ✅👇
📈 Bullish Patterns (indicate a potential upward trend)
1️⃣ Bullish Engulfing
- A small red candle followed by a large green candle that engulfs the previous candle
- Indicates strong buying pressure
2️⃣ Morning Star
- A reversal pattern consisting of three candles
1. A long red candle.
2. A small-bodied candle (red or green) indicating market hesitation
3. A strong green candle confirming the reversal
- Indicates a shift from bearish sentiment to bullish sentiment
3️⃣ Bullish Pin Bar
- A candlestick with a small body and a long lower wick
- Indicates rejection of lower prices and a potential upward reversal
4️⃣ Bullish Harami
- A large red candle followed by a small green candle within the previous red body
- Shows weakness in bearish momentum and the possibility of a reversal
📉 Bearish Patterns (indicate a potential downward trend)
1️⃣ Bearish Engulfing
- A small green candle followed by a large red candle that engulfs the previous candle
- Indicates strong selling pressure
2️⃣ Evening Star
- The opposite of the Morning Star
1. A strong green candle
2. A small-bodied candle indicating market hesitation
3. A long red candle confirming the downward trend
- Indicates a potential decrease in price
3️⃣ Bearish Pin Bar
- A candlestick with a small body and a long upper wick
- Indicates rejection of higher prices and a potential downward trend
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