Here are 8 powerful candlestick patterns every trader must know:
✅ Bullish Engulfing (BUY)
When a big green candle completely covers the previous red one — a strong sign the bulls are in control!
❌ Bearish Engulfing (SELL)
A big red candle overtakes a smaller green one — bears are taking over.
✅ Hammer (BUY)
Appears after a downtrend. Long lower wick shows buyers are stepping in.
✅ Morning Doji Star (BUY)
A reversal signal: the market hesitates (Doji) before turning bullish.
❌ Dark Cloud Cover (SELL)
A bearish reversal where a red candle opens above but closes below the midpoint of the previous green one.
❌ Shooting Star (SELL)
A sign of weakness in an uptrend — long upper wick shows sellers pushed back.
❌ Hanging Man (SELL)
Looks like a Hammer but in an uptrend — beware, reversal may be near.
✅ Rising Sun (BUY)
A bullish reversal where the market wakes up with fresh energy.
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