Educational Lesson

Candlestick patterns are divided into two categories:

Positive:

1️⃣ Bullish Continuation Candlestick Patterns

These occur in an uptrend and indicate the continuation of the rise.

2️⃣ Bullish Reversal Candlestick Patterns

These occur in a downtrend and indicate a reversal to bullish.

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Negative:

3️⃣ Bearish Continuation Candlestick Patterns

These occur in a downtrend and indicate the continuation of the decline.

4️⃣ Bearish Reversal Candlestick Patterns

These occur in an uptrend and indicate a reversal to bearish.

Translation of terms:

- Bullish

- Bearish

- Continuation

- Reversal

- Patterns