🚀 8 Powerful Candlestick Patterns Every Trader MUST Know!
Tired of guessing market moves? These candlestick patterns can help you spot reversals before they happen — and trade with confidence. Here’s what you need to know: 👇
📈 Bullish Patterns (Hint: Price may rise soon)
1️⃣ Bullish Engulfing
🔹 Small red candle ➜ followed by a large green candle that fully engulfs it.
🔹 Strong buy signal.
2️⃣ Morning Star
🔹 3-part pattern:
1. Long red candle
2. Small indecision candle
3. Strong green candle
🔹 Signals reversal from bearish to bullish.
3️⃣ Bullish Pin Bar
🔹 Small body + long lower wick
🔹 Rejection of lower prices — buyers stepping in.
4️⃣ Bullish Harami
🔹 Large red candle ➜ small green one inside it
🔹 Bearish momentum is weakening.
📉 Bearish Patterns (Hint: Price may drop)
1️⃣ Bearish Engulfing
🔹 Small green candle ➜ large red candle that engulfs it
🔹 Sellers gaining control.
2️⃣ Evening Star
🔹 3-part pattern:
1. Big green candle
2. Small indecisive candle
3. Strong red candle
🔹 Reversal from bullish to bearish.
3️⃣ Bearish Pin Bar
🔹 Small body + long upper wick
🔹 Rejection of higher prices — bearish pressure building.
4️⃣ Bearish Harami
🔹 Large green candle ➜ small red candle inside it
🔹 Buyer strength fading.
💡 Pro Tips for Smart Trading
✅ Combine candlestick patterns with indicators like RSI, volume & moving averages.
❌ Don’t rely on patterns alone — always confirm the setup!
If this helped, type “Ready” in the comments!
And don’t forget to Follow, Like, Comment, and Share ❤️
#tradingtechnique #trafingtips #BinanceSquareTalks #BinanceSquareFamily