🚨 4 Powerful Candlestick Patterns Every Trader Must Know 💯

Want to trade like the pros? 🚀 Understanding candlestick patterns is one of the most powerful skills you can master in crypto trading. These patterns can reveal where the market is heading before it happens. Let’s break down the 4 most reliable reversal signals 👇

1️⃣ The Hammer 🛠️ (Bullish Reversal)

Appears after a downtrend.

💡 It shows sellers tried to push lower, but buyers stepped in strong.

📈 Signals a potential move UP.

✅ Pro Tip: Always wait for a green confirmation candle before entering. Place your stop loss below the hammer’s low.

2️⃣ The Shooting Star 🌠 (Bearish Reversal)

Forms after an uptrend.

⚠️ Buyers fail to hold higher prices and sellers take control.

📉 Indicates a possible downward reversal.

✅ Enter after a red candle confirmation, and set your stop loss above the star’s high.

3️⃣ Bullish Engulfing 🟢 (Strong Buy Signal)

Seen at the end of a downtrend.

🔥 A big green candle engulfs the previous red candle.

🚀 Suggests strong buyer momentum is back.

✅ Enter after the engulfing closes, and put a stop loss below its low.

4️⃣ Bearish Engulfing 🔴 (Strong Sell Signal)

Appears after an uptrend.

💥 A dominant red candle engulfs the previous green one.

📉 Shows sellers are now in charge.

✅ Enter after it closes, and place a stop loss above its high.

💡 Final Thoughts:

Mastering these 4 candlestick patterns can give you the edge to spot market reversals early, manage risks better, and trade with confidence.

👉 Do you use candlestick patterns in your trading strategy? Comment your favorite below!

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