Drawn many wrong candles that you will never see on chart
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🚨LEARN THIS CANDLES THEN YOU WILL NEVER FACE LOSSES✅👇
1. Bullish Engulfing A small red candle followed by a large green candle. The green candle completely engulfs the red one. Signals a potential reversal to an uptrend. Strong bullish confirmation if supported by high volume.
2. Bearish Engulfing A small green candle followed by a large red candle. The red candle completely engulfs the green one. Indicates a potential bearish reversal. More reliable when occurring at the top of an uptrend.
3. Dark Cloud Cover A strong green candle followed by a red candle opening above the previous close. The red candle closes below the midpoint of the green candle. Suggests a potential bearish reversal. More significant in an uptrend with high volume.
4. Cloud Break A price breakout through a resistance level. Followed by a strong green candle confirming an uptrend. Indicates bullish momentum continuation. Works better with increasing volume.
5. Tweezers (Top & Bottom) Tweezer Top: Two nearly identical highs with small candle bodies, signaling resistance. Tweezer Bottom: Two nearly identical lows with small candle bodies, signaling support. Both patterns indicate potential reversals. Often found at key support or resistance levels.
6. Bullish Harami A large red candle followed by a small green candle inside its body. Indicates potential reversal from bearish to bullish. Stronger signal when occurring at a support level. Confirmation needed with a third bullish candle.
7. Bearish Harami A large green candle followed by a small red candle inside its body. Suggests a possible bearish reversal. More effective at the peak of an uptrend. Confirmation required with another bearish candle.
8. Division Pattern A combination of alternating green and red candles. Represents market indecision or transition. Can lead to a breakout in either direction. Needs additional confirmation from volume or trend analysis.
9. Bullish Counter-Attack A red candle followed by a green candle opening at the same price. The green candle closes at or near the previous open. Suggests a strong bullish reversal. Confirmation improves with high volume.
10. Bearish Counter-Attack A green candle followed by a red candle opening at the same price. The red candle closes at or near the previous open. Suggests a strong bearish reversal. More reliable in an overbought market.
11. Two Flying Crows Two consecutive red candles with lower closes. Appears after a strong uptrend. Indicates potential bearish continuation. Works best with increasing selling pressure.
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