Master These Candlestick Patterns & Avoid Costly Mistakes! ๐Ÿ“Šโœ…

Want to trade smarter and reduce unnecessary losses? Understanding candlestick patterns is key to predicting market movements. Hereโ€™s your ultimate guide to the most powerful bullish and bearish candlestick formations!

๐Ÿ“ˆ Bullish Candlestick Patterns (Uptrend Signals)

1๏ธโƒฃ Piercing Pattern

โœ… Red candle followed by a strong green candle.

โœ… Green candle closes above the midpoint of the red one.

โœ… Indicates a bullish reversal at support levels.

2๏ธโƒฃ Morning Star

โœ… Three-candle pattern: red, small-bodied (indecision), and green.

โœ… Signals a reversal from bearish to bullish.

โœ… Stronger when the green candle has high volume.

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