🚨 Study these candles, and you will never lose ✅
Study these candles, and you will never lose ✅📊📉 📈
1️⃣ Hammer - Small body with a long lower wick. - Appears at the bottom of a downward trend. - Indicates strong buying pressure. - Confirms reversal if followed by a bullish candle. ---
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2️⃣ Inverted hammer - Small body with a long upper wick. - Appears at the bottom of a downward trend. - Indicates potential bullish reversal after confirmation. 3️⃣ Bullish engulfing - Small red candle followed by a large green candle that engulfs it. - Indicates a strong shift from bearish to bullish. - Works well at key support levels. 4️⃣ Piercing line - Red candle followed by a strong green candle. - Green candle closes above the midpoint of the red candle. - Indicates bullish reversal upon confirmation. 5️⃣ Morning star - Three candles: red, small body (indecision), and green. - Indicates a shift from bearish to bullish. - Works well at support levels. 6️⃣ Three white soldiers - Three consecutive strong green candles. - Each opens within the body of the previous candle and closes at a higher level. - Indicates strong bullish momentum. ---
📉 Bearish candle patterns (Indicate potential downward trend)
1️⃣ Hanging man - Small body with a long lower wick. - Appears at the top of an upward trend.
Reflection. 2️⃣ Shooting star - Small body with a long upper wick. - Appears at the top of an upward trend. - Indicates strong selling pressure.
3️⃣ Bearish engulfing - Small green candle followed by a large red candle that engulfs it. - Indicates bearish reversal. - Stronger when appearing at resistance levels.
4️⃣ Evening star - Three candles: green, small body (indecision), and red. - Indicates bearish reversal at the top of an upward trend.
5️⃣ Three black crows - Three consecutive strong red candles. - Each opens within the body of the previous candle and closes at a lower level. - Indicates strong downward trend.
6️⃣ Dark cloud - Green candle followed by a red candle closing below its midpoint. - Indicates potential trend reversal. ---
🔄 Continuation candle patterns (Indicate continuation of the trend)
1️⃣ Doji candle - Small body with long wicks on both sides. - Indicates uncertainty in the market. - Needs confirmation to determine trend direction.
2️⃣ Spinning top - Small body with long upper and lower wicks. - Indicates uncertainty in the market. - Indicates potential continuation or reversal depending on confirmation.
Confirmation.
3️⃣ Bearish Tri-Star - Long red candle followed by small green candles within its range, then another red candle. - Confirms continuation of the downward trend.
4️⃣ Bullish Tri-Star - Long green candle followed by small red candles within its range, then another green candle. - Confirms continuation of the upward trend. --- ✨ These patterns help traders make informed decisions about market directions. If you found this post helpful, please like, share, and comment! Thank you
