DeltaTrading23
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I wish I had known these things before starting to Understand Candle Patterns in trading
Understanding Candle Patterns in Trading, and Starting a Profitable Trading on Binance 📊✅✅
Candle patterns are essential tools in technical analysis, helping traders predict market movements based on past price behavior. These patterns assist in identifying trends, reversals, and continuations. Below, we explore some of the most important candle patterns and their meanings.
1. Engulfing Patterns
Bearish Engulfing: A large red (bearish) candle completely engulfs the previous green (bullish) candle, signaling a possible reversal from a bullish trend to a bearish one.
Candle patterns are essential tools in technical analysis, helping traders predict market movements based on past price behavior. These patterns assist in identifying trends, reversals, and continuations. Below, we explore some of the most important candle patterns and their meanings.
1. Engulfing Patterns
Bearish Engulfing: A large red (bearish) candle completely engulfs the previous green (bullish) candle, signaling a possible reversal from a bullish trend to a bearish one.
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