Master These Candlestick Patterns & Avoid Costly Mistakes! 📊✅
Want to trade smarter and reduce unnecessary losses? Understanding candlestick patterns is key to predicting market movements. Here’s your ultimate guide to the most powerful bullish and bearish candlestick formations!
📈 Bullish Candlestick Patterns (Uptrend Signals)
1️⃣ Piercing Pattern
✅ Red candle followed by a strong green candle.
✅ Green candle closes above the midpoint of the red one.
✅ Indicates a bullish reversal at support levels.
2️⃣ Morning Star
✅ Three-candle pattern: red, small-bodied (indecision), and green.
✅ Signals a reversal from bearish to bullish.
✅ Stronger when the green candle has high volume