🔴 SELL Confirmation Candles:
1. Bearish Engulfing
A small green candle is followed by a larger red candle that fully "engulfs" it.
Signal: Trend reversal to downside – SELL.
2. Evening Star
A green candle, followed by a small-bodied candle (indecision), then a large red candle.
Signal: Strong bearish reversal – SELL.
3. Tweezers Tops
Two candles with nearly equal highs (wicks).
Signal: Rejection from the top – SELL.
4. Shooting Star
A candle with a small body and long upper wick.
Signal: Price tried to go up but got rejected – SELL.
5. Hanging Man
Appears after an uptrend, has a small body and long lower wick.
Signal: Bearish reversal – SELL.
🟢 BUY Confirmation Candles:
6. Hammer
A candle with a small body on top and long lower wick.
Signal: Reversal from downtrend – BUY.
7. Bullish Engulfing
A small red candle followed by a big green candle that fully engulfs the red one.
Signal: Bullish reversal – BUY.
8. Tweezers Bottoms
Two candles with similar low points.
