🤯🚨 LEARN THESE CANDLES AND YOU'LL NEVER FACE LOSSES IN TRADING 💥👇
📈 Bullish Candlestick Patterns:
These patterns indicate a possible upward movement in price after their formation.
1. Bullish Engulfing
Description: A small bearish candlestick is followed by a large bullish candlestick, completely engulfing the previous one.
Indication: Bullish reversal after a downtrend.
2. Piercing Pattern
Description: A bearish candlestick is followed by a bullish candlestick that opens lower but closes above the midpoint of the previous bearish candle.
Indication: Bullish reversal pattern, signaling that bears are losing momentum.
3. Bullish Harami
Description: A small bullish candlestick is contained within the previous large bearish candlestick.
Indication: A possible reversal from a downtrend to an uptrend.
4. Morning Star
Description: A three-candle pattern. The first is a large bearish candle, the second is a small body candle (either bearish or bullish), and the third is a large bullish candle that closes above the midpoint of the first candle.
Indication: Bullish reversal after a downtrend.
5. Bullish Abandoned Baby
Description: A bearish candlestick is followed by a gap down, then a large bullish candlestick opens above the previous candlestick, creating a gap in both directions.
Indication: Strong bullish reversal
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