#EthereumFuture 💥For all beginner traders💥:
These two candle patterns are known as confirmation candles—they help confirm the direction of price movement.
The one on the left is a hammer candle. When it appears after a downtrend, it often signals a potential reversal upwards.
The two green candles on the right are called engulfing candles—because they completely engulf the red candle that comes before them.
That red candle has a large body and small wicks (both on top and bottom), appearing during a downtrend. In an uptrend, the same pattern applies, but with the colors reversed.
Wishing you all the best in your trades!
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