๐ 12 Essential Candlestick Patterns for Scalping โ Quick Profits in Minutes! ๐๐ฅ
Scalping requires precision, speed, and market awareness. Master these 12 must-know candlestick patterns to spot reversals, continuations, and momentum shiftsโall in just a 15-minute timeframe!
๐ก Recognize these patterns & level up your scalping game! ๐
1๏ธโฃ Bullish Engulfing ๐ข
๐น A strong bullish reversal pattern.
๐น A larger green candle engulfs the previous red candle.
๐น Best for: Entering long positions after a downtrend.
2๏ธโฃ Bearish Engulfing ๐ด
๐น A powerful bearish reversal signal.
๐น A larger red candle fully engulfs the prior green candle.
๐น Best for: Spotting trend reversals before shorting.
3๏ธโฃ Doji Candlestick โ
๐น Shows market indecisionโbuyers and sellers are evenly matched.
๐น Appears before major reversals or breakouts.
๐น Best for: Waiting for confirmation before entering trades.
4๏ธโฃ Morning Star โ๏ธ
๐น A three-candle bullish reversal pattern.
๐น Signals the end of a downtrend.
๐น Best for: Spotting early trend shifts for long entries.
5๏ธโฃ Evening Star ๐
๐น A three-candle bearish reversal pattern.
๐น Signals the end of an uptrend.
๐น Best for: Entering short positions before a downtrend.
6๏ธโฃ Hammer Candle ๐จ
๐น A strong bullish reversal pattern at the bottom of a downtrend.
๐น Shows rejection of lower prices.
๐น Best for: Catching early uptrend moves.
7๏ธโฃ Shooting Star โญ
๐น A bearish reversal pattern at the peak of an uptrend.
๐น Sellers push prices lower after an initial rise.
๐น Best for: Identifying shorting opportunities early.
8๏ธโฃ Gravestone Doji
๐น A bearish signal with a long upper wick and no lower wick.
๐น Indicates strong rejection of higher prices.
๐น Best for: Confirming a downtrend before shorting.$BTC
9๏ธโฃ Marubozu Candle ๐ฅ
๐น A full-body candle with no wicksโstrong momentum in one direction.
๐น Bullish Marubozu = Buyers dominate.
๐น Bearish Marubozu = Sellers in co$SOL ntrol.
๐น Best for: Scalping strong trend