Here’s a quick breakdown of these 3 powerful patterns: Bullish Engulfing This is a strong bullish reversal signal, showing that buyers have taken full control after sellers were dominant. Great for spotting potential trend changes. Doji This signals market indecision, bulls and bears are fighting but neither is winning. Often appears before a reversal, especially at key support or resistance levels. Hammer This is a bullish reversal pattern when it forms at the bottom of a downtrend or strong support. It shows that sellers pushed price down but buyers stepped in strongly to close it higher.
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