🕯️ Candlestick Patterns Made Simple

Want to read the market like a pro? Start with candlestick patterns—a key tool in technical analysis.

Each candle tells a story:

📌 Open – where the price started

📌 Close – where it ended

📌 High/Low – the extremes during that time

📌 Body – between open & close

📌 Wicks – show price rejection (highs/lows)

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🔍 Top Candlestick Patterns

🟢 Single Candle Patterns

1. Doji – indecision ⚖️

2. Hammer – bullish reversal (after downtrend) 🔨

3. Inverted Hammer – bullish hint (weaker)

4. Shooting Star – bearish reversal (after uptrend) 🌠

5. Spinning Top – indecisive market 🌀

🟠 Double Candle Patterns

1. Bullish Engulfing – big green candle eats red 🍀

2. Bearish Engulfing – big red eats green 🔥

3. Piercing Line – bullish reversal halfway through

4. Dark Cloud Cover – bearish reversal halfway down ☁️

🔴 Triple Candle Patterns

1. Morning Star – trend reversal up ☀️

2. Evening Star – trend reversal down 🌅

3. Three White Soldiers – strong uptrend 📈

4. Three Black Crows – strong downtrend 📉

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📈 Why Use Candlestick Patterns?

✅ Spot reversals & trends

✅ Time your entries/exits better

✅ Understand market emotion (fear, greed, indecision)

But remember — don’t trade with patterns alone. Combine with:

📊 Volume

🧱 Support/Resistance

📉 Indicators (RSI, MACD, MAs)

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💡 Conclusion:

Mastering candlesticks = mastering price action. Simple, visual, and powerful for any trader.

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