💚Bullish Candles (Indicate Trend Reversals to the Upside)
1. Bullish Engulfing – A large green candle completely engulfs the previous red candle, signaling strong buying momentum.
2. Bullish Tweezers – Two candles with similar lows, suggesting a strong support level and a possible reversal.
3. Morning Star – A three-candle pattern where a small body candle appears between a red and a green candle, indicating a shift from selling pressure to buying.
4. Hammer – A single candle with a small body and a long lower wick, showing that sellers pushed the price down but buyers regained control.
5. Inverted Hammer – Similar to the hammer but with a long upper wick, signaling a possible bullish reversal after a downtrend.
6. Three Inside Up – A three-candle pattern where the first candle is red, followed by two green candles that confirm the reversal.
7. Three White Soldiers – Three consecutive green candles with increasing closing prices, indicating strong bullish momentum.
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❤️Bearish Candles (Indicate Trend Reversals to the Downside)
8. Bearish Engulfing – A large red candle engulfs the previous green candle, signaling strong selling pressure.
9. Bearish Tweezers – Two candles with similar highs, suggesting strong resistance and a possible downward movement.
10. Evening Star – A bearish reversal pattern of three candles where a small body candle appears between a green and a red candle, signaling a transition from buying to selling.
11. Shooting Star – A small body candle with a long upper wick, showing that buyers pushed the price up but failed to maintain momentum.
12. Three Black Crows – Three consecutive red candles with decreasing closing prices, indicating strong bearish momentum.
13. Three Inside Down – A bearish reversal pattern where the first candle is green, followed by two red candles that confirm the downward movement.
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🤍 Neutral or Indecision Patterns
14. Spinning Tops – Candles with small bodies and long wicks on both sides, showing indecision in the market.
15. Doji – A candle where the opening and closing prices are nearly equal, indicating hesitation in the market.
These patterns help traders predict market movements and make informed trading decisions.
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