๐ Candlestick patterns are powerful tools in trading that help investors predict market movements. Some of the most popular bullish patterns include the Hammer and Inverted Hammer, which signal potential reversals after a downtrend. The Bullish Engulfing and Piercing Line indicate strong buying momentum, while the Bullish Harami and Morning Star show early signs of trend reversal. Among the strongest signals is the Three White Soldiers, reflecting consistent upward pressure. On the other hand, the Shooting Star warns of possible bearish reversal. ๐
Learning these patterns can give traders an edge in spotting entry and exit points. Mastering candlestick psychology means understanding market sentiment, which is key for successful trading. ๐โจ