🚨Learn these candles and you will never face any losses✅👇
📈 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 with three candles:
1. A long red candle.
2. A small body 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 candle with a small body and a long lower wick.
- Indicates rejection of low 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 the bearish momentum and potential reversal.
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📉 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
- Morning Star reversal:
1. Strong green candle.
2. A small body candle indicating market hesitation.
3. A long red candle confirming the downward trend.
- Indicates a potential decrease in price.
3️⃣ Bearish Pin Bar
- A candle with a small body and a long upper wick.
- Indicates rejection of high prices and a potential downward trend.
4️⃣ Bearish Harami
- A large green candle followed by a small red candle within the previous green body.
- Indicates weakening of bullish momentum and potential trend reversal.
$XRP
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✨ Professional Tip: These patterns help traders identify trend reversals and continuations when combined with other indicators like volume and moving averages.
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