📌Reversal Candles:

Reversal candles are specific candlestick patterns on a price chart that indicates a potential change in the market trend.

They can signal that the current trend is about to reverse, meaning:

- A bullish trend might turn bearish (prices might drop).

- A bearish trend might turn bullish (prices might rise).

📌How to Spot Reversal Candles:

To spot reversal candles, look for these key characteristics:

- Location:Reversal candles often appear at the end of a trend.

Either (up or down trend)

- Shape: Specific candlestick patterns, such as:

- Hammer (green or red): A small body with a long lower wick.

- Shooting Star (red): A small body with a long upper wick.

- Engulfing patterns: A larger candle that engulfs the previous candle.

- Context: Consider the overall market trend and other technical indicators.

Key Reversal Candle Patterns:

Some common reversal candle patterns include:

📌Bullish Reversal:

- Hammer

- Inverted Hammer

- Bullish Engulfing

-📌Bearish Reversal:

- Shooting Star

- Hanging Man

- Bearish Engulfing

-Note: Reversal candles are not foolproof; always consider other technical and fundamental analysis tools.

Look for confirmation: Wait for the next candle to confirm the reversal.

spotting reversal candles, can help you spot potential trend changes and guide you to making more informed trading decisions .