📊 Quick Candlestick Tips
Identifying patterns on the chart can help predict market movements:
🔹 Hammer – Possible reversal from bearish to bullish.
🔹 Doji – Indicates indecision; watch for possible trend change.
🔹 Bullish/Bearish Engulfing – Confirmation of significant reversals.
💡 Always analyze along with supports, resistances, and volume. Isolated patterns do not guarantee movement.
Candles are important, but they are not interpreted in isolation. It is important to consider trends, supports and resistances, volume, etc..
Happy trading!!