🚀 Boost Your Trading Game with These 8 Powerful Candlestick Patterns!
Mastering candlestick patterns can give you a serious edge in the market. Here are 8 must-know formations every trader should recognize:
✅ Bullish Engulfing (BUY)
A large green candle fully engulfs the previous red one — clear signal buyers are gaining strength.
❌ Bearish Engulfing (SELL)
A dominant red candle swallows the previous green — bears are taking over.
✅ Hammer (BUY)
Forms after a downtrend — long lower wick signals strong buying pressure.
✅ Morning Doji Star (BUY)
A powerful bullish reversal: the market pauses (Doji) before flipping upward.
❌ Dark Cloud Cover (SELL)
Bearish reversal — red candle opens high but closes deep into the green one.
❌ Shooting Star (SELL)
Appears during an uptrend — long upper wick hints at a looming drop.
❌ Hanging Man (SELL)
Looks like a Hammer but in an uptrend — caution, reversal might follow.
✅ Rising Sun (BUY)
Bullish reversal — the market opens with renewed strength and momentum.
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