🚨LEARN THESE CANDLES AND YOU WILL NEVER HAVE LOSSES IN THE CRYPTOCURRENCY MARKET AGAIN ❗❗👇
1. Morning Star
A bullish reversal pattern seen after a downtrend, consisting of three candlesticks: a long bearish candlestick, a small-bodied candlestick, and a long bullish candlestick. It indicates the beginning of an upward move.
2. Morning Doji Star
Similar to the Morning Star, but the middle candle is a Doji, indicating market indecision. This pattern shows a potential stronger reversal from bearish to bullish.
3. Abandoned Baby at High
A rare bullish reversal pattern consisting of a bearish candle, a Doji gapping down, and a bullish candle with a gapping up. Suggests a strong shift in pressure from selling to buying.
4. Three White Soldiers
A strong bullish reversal pattern of three consecutive long-bodied bullish candles, each opening within the body of the previous candle. Indicates a potential continuation of an uptrend.
5. Three Lines of Attack (Bullish)
A bullish continuation pattern where three bullish candles are followed by a long bearish candle that "attacks" the previous trend. Despite the last candle, the uptrend generally continues.
6. Three Inwards Upwards
A reversal pattern starting with a bearish candle, followed by a bullish candle that closes within the previous one, and confirmed by a third bullish candle. It signifies a potential upward reversal.
7. Three Out and Up
A bullish reversal pattern where a bearish candle is engulfed by a bullish candle, followed by another bullish candle. Indicates a trend change from bearish to bullish.
8. Evening Star
A bearish reversal pattern made up of a long bullish candle, a small-bodied candle, and a bearish candle. It suggests the end of an uptrend and the beginning of a downtrend.
9. Evening Doji Star
Similar to the Evening Star, but the middle candle is a Doji. This pattern shows market indecision, signaling a stronger bearish reversal.
10. Abandoned Baby on Low
A bearish reversal pattern featuring a bullish candle, a Doji gapping up, and a bearish candle with a gapping down. It indicates a potential sharp reversal to the downside.
11. Three Black Soldiers
A bearish reversal pattern consisting of three consecutive long-bodied bearish candles. Indicates strong selling pressure and the continuation of a downtrend.
12. Three Lines of Attack (Bassist)
A bearish continuation pattern where three bearish candles are followed by a long bullish candle. Despite the appearance of the last candle, the downtrend usually resumes.
13. Three In and Down
A bearish reversal pattern with an initial bullish candle, followed by a bearish candle within the previous one, and confirmed by a third bearish candle, suggesting a potential downtrend.
14. Three Out Down
A bearish reversal pattern where a bullish candle is engulfed by a bearish candle, followed by another bearish candle. Indicates a trend change from bullish to bearish.
These brief descriptions should help you understand the importance of each pattern in technical analysis.
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