🚨📈 Learn these candles and you will never lose ✅📊📉 📈
1️⃣ Hammer - Small body with a long lower shadow
Learn these candles and you will never lose ✅📊📉 📈
1️⃣ Hammer - Small body with a long lower shadow. - Appears at the bottom of a downtrend. - Indicates strong buying pressure. - Confirms the change if followed by a bullish candle. ---
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2️⃣ Inverted hammer - Small body with a long upper shadow. - Found at the bottom of a downtrend. - Indicates a possible bullish change upon confirmation. 3️⃣ Bullish engulfing - Small red candle followed by a large green candle that engulfs it. - Indicates a strong change from bearish to bullish. - Works well at key support levels. 4️⃣ Piercing line - Red candle followed by a strong green candle. - The green candle closes above the midpoint of the red candle. - Indicates a bullish change upon confirmation. 5️⃣ Morning star - Three candles: red, small body (indecision), and green. - Indicates a change from bearish to bullish. - Works well in support areas. 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. ---