🚨LEARN THESE CANDLES AND YOU WILL NEVER FACE LOSSES✅👇
1. 🛠️ Bullish Hammer
- Small body with a long lower wick.
- Appears at the bottom of a decline.
- Indicates that sellers pushed prices down, but buyers regained control.
- Confirmation needed with a green candle after it. 2. 🔄 Inverted Hammer
- Similar to the hammer, but with a long upper wick instead of a lower wick.
- Shows that buyers are trying to push the price up after a decline.
- Requires confirmation with the following bullish candle.
3. 🐂 Bullish Engulfing
- Small red candle followed by a large green candle that completely engulfs the previous one.
- Signals strong buying momentum.
- More reliable if it appears after a strong decline.
4. 🌟 Morning Star
- Three-candle pattern:
1️⃣ Long red candle.
2️⃣ Candle with a small body (red or green) showing indecision in the market.
3️⃣ Strong green candle confirming the reversal.
- Indicates a shift from bearish to bullish sentiment.
5. ⚡ Piercing Line
- Two-candle pattern where:
1️⃣ The first candle has a strong red body.
2️⃣ The second green candle opens lower but closes more than halfway up the first red candle.
- Shows buying strength and potential reversal.
6. 🎖️ Three White Soldiers
- Three consecutive long green candles with small wicks.
- Each candle opens within the body of the previous one and closes higher.
- Strong bullish reversal pattern.
📌 How to use these patterns?
- Always confirm with volume, support levels, and other indicators like RSI or moving averages.
- The stronger the confirmation (e.g., large bullish candle, increased volume), the more reliable the reversal.
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