🟢 Strong Buy Patterns (Golden opportunities to enter the market):
1. "Ascending Hammer" Candle 🛠️:
- Its shape: A small body with a long lower shadow.
- Signal: Bullish reversal after a drop → "Buy"!
- Symbol: ✅
2. "Ascending Engulfing" Candle 🐂:
- Its shape: A large green candle that engulfs the previous red candle.
- Signal: Buyers' dominance → "Buy"!
- Symbol: 🚀
3. "Morning Star" Candle 🌟:
- Its shape: 3 candles (Red → Small → Green).
- Signal: End of downtrend → "Buy"!
- Symbol: 🌅
🔴 Critical Sell Patterns (Be cautious before losing!):
1. "Descending Shooting Star" Candle ☄️:
- Its shape: A small body with a long upper shadow.
- Signal: Bearish reversal after a rise → "Sell"!
- Symbol: ⚠️
2. "Descending Engulfing" Candle 🐻:
- Its shape: A large red candle that engulfs the previous green candle.
- Signal: Sellers' dominance → "Sell"!
- Symbol: 🛑
🎮 How to use these patterns?
- The Smart Trader 🧠:
- Look for these candles at support/resistance levels to increase signal accuracy!
- Combine it with indicators like RSI or moving averages!
- Practical Example 💡:
If a "Hammer Candle" appears at the $100K support for Bitcoin → Buy trade with a stop loss below the candle!
📌 Final Note:
These patterns are not magical! ❗ Always check the general market context and stay away from random trading.
#Fun_Technical_Analysis 🎯 | #No_Random_Trades 🚫 | #Invest_Consciously 💰