#BinanceTurns8

Bullish Patterns

- Hammer: Indicates a bullish reversal after a decline, where the lower wick is long.

- Inverted Hammer: Indicates a bullish reversal, with a long upper wick.

- Bullish Engulfing: A small red candle followed by a large green candle that engulfs it, a strong bullish signal.

- Morning Star: Consists of 3 candles (red, small, green), indicating a bullish reversal.

- Three White Soldiers: 3 consecutive green candles, confirming the bullish trend.

2. Bearish Patterns

- Hanging Man: Indicates a bearish reversal after a rise, with a long lower wick.

- Shooting Star: Resembles a star with a long upper wick, a bearish signal.

- Bearish Engulfing: The opposite of the bullish pattern, a large red candle that engulfs the green one.