LEARN THESE CANDLESTICKS AND NEVER FACE LOSSES AGAIN✅👇
PART 1
Master these Candlestick Patterns to Trade Like a Professional! 📊🔥
Candlestick patterns are powerful tools for identifying trend reversals and market sentiment. Learn these key patterns to improve your accuracy in trading:
#### 1. Engulfing Patterns
Key Trait: The body of the current candle "completely engulfs" the body of the previous candle.
- Bullish Engulfing (📈): Forms after a bearish trend—a small red candle followed by a larger green candle. Indicates strong buying pressure and potential reversal to the upside.
- Bearish Engulfing (📉): Appears after a bullish trend—a small green candle followed by a larger red candle. Indicates increasing selling pressure.
#### 2. Consecutive Engulfings → Order Blocks
Key Trait: Two or more engulfing candles in sequence suggest institutional activity.
- Bullish Order Block: Multiple green engulfings = strong buying interest (support zone).
- Bearish Order Block: Repeated red engulfings = heavy selling (resistance zone).
💡 Pro Tip: Order blocks often act as high probability support/resistance zones!
#### 3. Doji Candles – Market Indecision
Key Trait: Opening and closing prices are nearly equal (small or nonexistent body).
- Star Doji ⭐: Indecision—stay alert for reversals.
- Dragonfly Doji 🐉: Sign of bullish reversal (long lower wick).
- Gravestone Doji ⚰️: Bearish reversal (long upper wick).
- Spinning Tops 🌀: Small body with long wicks—market hesitation.
#### 4. Long Wick Candles – Signs of Rejection and Reversal
Key Trait: Long wicks show price rejection.
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