1. Engulfing Patterns
▫️ Bullish Engulfing: Small red candle followed by a larger green candle, signaling potential reversal.
▫️ Bearish Engulfing: Small green candle followed by a larger red candle, hinting at rising bearish pressure.
2. Consecutive Engulfings (Orderblocks)
▫️ Bullish Orderblock: Multiple green engulfing candles show strong institutional buying interest.
▫️ Bearish Orderblock: Repeated red engulfing patterns may indicate aggressive selling.
3. Doji Candles
▫️ Star Doji: Signals indecision.
▫️ Dragonfly Doji: Potential for bullish reversal.
▫️ Gravestone Doji: Signals bearish reversal.
▫️ Spinning Tops: Market indecision.
4. Long-Tailed Candles
▫️ Hammer: Bullish reversal after a downtrend.
▫️ Inverted Hammer: Reversal signal with long upper wick.
▫️ Shooting Star: Bearish reversal sign.
▫️ Hanging Man: Potential drop after an uptrend.
5. Tweezers
▫️ Bullish Tweezer: Matching lows at the bottom of a downtrend.
▫️ Bearish Tweezer: Matching highs at the top, signaling possible reversal.
Bonus Insight: Candlestick patterns are more reliable on higher timeframes (daily, weekly, monthly).
Conclusion: Mastering candlestick reversal patterns can enhance trading accuracy, reduce risk, and boost confidence. 👍 Like, share, and comment if you found this helpful! ❤️
