Day 11 of 100: Learning Candlestick Patterns
Understanding candlestick patterns is like learning the language of the market. It helps you read price action and spot potential reversals or breakouts before they happen.
Here are 3 simple candlestick patterns every beginner should know:
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1. Bullish Engulfing
When a small red candle is followed by a large green candle that completely “engulfs” it.
Signal: Possible trend reversal from down to up.
2. Bearish Engulfing
Opposite of bullish. A small green candle is followed by a larger red candle.
Signal: Possible reversal from uptrend to downtrend.
3. Doji
A candle with a very small body and long wicks on both ends.
Signal: Market is indecisive—watch for a breakout or trend shift.
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Why Learn Patterns?
Helps time your entries & exits
Improves your decision-making
Adds confidence to your trades
Have you ever read a candlestick patterns?
Tomorrow 3 useful tools you don't know
