🚨Hey there beginners🚨

Do you know how to read these candlestick patterns—those little chart formations that can tell big stories. Here’s a quick, #breakdown of bullish, neutral, and bearish patterns: 

🟢 Bullish Patterns (Price might go up 🚀)

• Hammer: Looks like a hammer—small body, long lower wick. Appears after a downtrend; suggests buyers are stepping in.

• Bullish Engulfing: A small red candle followed by a larger green one that ‘engulfs’ it. Indicates a potential reversal to the upside. 

• Morning Star: Three candles: a long red, a small-bodied candle (could be red or green), and a long green. Signals a bullish reversal. 

• Three White Soldiers: Three consecutive long green candles. Strong bullish signal.

⚪ Neutral Patterns (Market indecision 🤔)

• Doji: Open and close prices are nearly the same. Indicates indecision; market could go either way. 

• Spinning Top: Small body with long upper and lower wicks. Suggests a tug-of-war between buyers and sellers. 

🔴 Bearish Patterns (Price might go down 📉)

• Shooting Star: Small body, long upper wick. Appears after an uptrend; suggests a potential reversal downward.

• Bearish Engulfing: A small green candle followed by a larger red one that ‘engulfs’ it. Indicates a potential reversal to the downside. 

• Evening Star: Three candles: a long green, a small-bodied candle, and a long red. Signals a bearish reversal.

• Three Black Crows: Three consecutive long red candles. Strong bearish signal.

Happy trading! 💹📊

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