📊💰 INCREASE PROFITS, REDUCE LOSSES: MASTER CANDLESTICK TRADING! 💹📉

Understanding bearish candlestick patterns is essential for traders who want to maximize profits and minimize risks. These patterns help identify potential selling opportunities and alert you when a trend reversal or market downturn may be approaching. Let’s dive into six key bearish patterns every trader should know:

📉 Bearish Candlestick Patterns – These suggest selling opportunities:

Bearish Marubozu:

This is one of the strongest bearish signals. It’s a long red candle with no shadows, indicating intense selling pressure throughout the trading session. This pattern often points to a continuation of a downward trend.

Shooting Star:

Found at the top of an uptrend, this candle has a small real body near the bottom and a long upper shadow. It suggests buyers pushed prices higher but were ultimately overpowered by sellers. A strong warning of an upcoming reversal.

Hanging Man:

Similar in appearance to the hammer but forms at the peak of an uptrend. It has a small body and a long lower shadow, signaling that sellers are gaining strength, and a bearish reversal may be on the horizon.

Bearish Spinning Top:

This candle features a small body and long upper and lower shadows. It indicates market indecision and potential reversal. If followed by a bearish candle, it confirms selling momentum.

Bearish Doji:

This candle has nearly identical opening and closing prices, forming a cross-like shape. It shows market hesitation and uncertainty. A confirmation candle is needed to validate a downward move.

Gravestone Doji:

A weak but notable bearish pattern, forming at the top of an uptrend. It has a long upper shadow with open, close, and low prices nearly the same. This pattern signals that buyers lost control and sellers may take over.

Learn to spot these patterns and trade smarter!