Support & #Resistance Patterns Every #Trader Should Know

Just in case you don’t know #Support & #Resistance are like the floor and ceiling of the #Market

✅ Support = A price level where #Buyers step in to stop the fall the floor

✅ Resistance = A price level where #Sellers step in to stop the rise the ceiling

When price touches these #Zones it can either #BounceBack or #BreakThrough — and that’s where #CandlestickPatterns give us clues

🔥 #Bullish Signs #Price may go up

⭐ #MorningStar – 3 candles showing a shift from selling to buying near #Support

🚀 #BullishBreakout – Price pushes above #Resistance after several attempts

💹 #BullishRejection – Price dips to #Support but bounces hard

📈 #ThreeWhiteSoldiers – 3 strong green candles from #Support = bullish momentum

⚠️ #Bearish Signs #Price may go down

📉 #BearishEngulfing – A big red candle swallows a green one near #Resistance

⛔ #BearishRejection – Price tries to break #Resistance but fails

🔻 #ThreeRedCrows – 3 red candles in a row near #Resistance = strong downtrend

🌑 #EveningStar – 3 candles showing a shift from buying to selling near #Resistance