Master These Candlestick Patterns โ€” And Never Trade Blind Again! โœ…๐Ÿ‘‡

Understanding candlesticks can help you spot reversals before they happen. Here are the key patterns every trader must know:

๐Ÿ“ˆ Bullish Patterns (Hint: Possible Uptrend Ahead)

1๏ธโƒฃ Bullish Engulfing

๐Ÿ”น Small red candle โžœ followed by a larger green one that completely engulfs it.

๐Ÿ”น Strong signal of buyer momentum.

2๏ธโƒฃ Morning Star

๐Ÿ”น 3-part reversal:

โ€ƒ1. Long red candle

โ€ƒ2. Small indecisive candle

โ€ƒ3. Strong green candle

๐Ÿ”น Signals a potential trend reversal from bearish to bullish.

3๏ธโƒฃ Bullish Pin Bar

๐Ÿ”น Small body + long lower wick.

๐Ÿ”น Rejection of lower prices = buyers stepping in.

4๏ธโƒฃ Bullish Harami

๐Ÿ”น Big red candle โžœ followed by a small green one inside it.

๐Ÿ”น Shows bearish momentum is weakening.

๐Ÿ“‰ Bearish Patterns (Watch for Downside Risk)

1๏ธโƒฃ Bearish Engulfing

๐Ÿ”น Small green candle โžœ followed by a large red one that fully engulfs it.

๐Ÿ”น Indicates sellers are taking control.

2๏ธโƒฃ Evening Star

๐Ÿ”น 3-part reversal:

โ€ƒ1. Strong green candle

โ€ƒ2. Small indecisive candle

โ€ƒ3. Big red candle

๐Ÿ”น Suggests a shift from bullish to bearish.

3๏ธโƒฃ Bearish Pin Bar

๐Ÿ”น Small body + long upper wick.

๐Ÿ”น Rejection of higher prices = bearish pressure.

4๏ธโƒฃ Bearish Harami

๐Ÿ”น Big green candle โžœ followed by a small red one within its body.

๐Ÿ”น Signals buyers are losing strength.

โœจ Pro Tip: Candlestick patterns are more powerful when used alongside volume, RSI, and moving averages. Donโ€™t trade off patterns alone โ€” confirm with confluence!

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