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Bearish Candle Patterns (Indicate a Potential Downtrend)
1️⃣ Shooting Star - Small body at the bottom with a long upper wick. - Indicates a possible reversal after an uptrend.
2️⃣ Hanging Man - Small body at the top with a long lower wick. - Appears after an uptrend, warning of a bearish reversal.
3️⃣ Inverted Hammer - Small body at the bottom with a long upper wick. - Often found at the end of a downtrend, indicating a possible reversal.
4️⃣ Evening Star - A three-candle pattern: large bullish candle → small indecisive candle → bearish candle. - Strong indicator of a reversal from an uptrend to a downtrend.
5️⃣ Doji Star - A Doji followed by a strong bearish candle. - Indicates indecision before a potential downtrend. --- 📈 Bullish Candle Patterns (Indicate a Potential Uptrend)
6️⃣ Marubozu - Full body candle without wicks. - Green Marubozu = strong bullish momentum. - Red Marubozu = strong bearish momentum.
7️⃣ Long-Legged Doji - Long upper and lower wicks with a small or nonexistent body. - Indicates indecision in the market.
8️⃣ Bullish Harami - A small green candle within the body of a larger red candle. - Indicates a possible reversal from a downtrend to an uptrend. --- 📊 Neutral Candle Patterns (Indicate Market Indecision)
9️⃣ Doji - Opening and closing prices are almost the same. - Indicates uncertainty; more confirmation is needed for the trend direction.
🔟 Small Turn - Small body with long upper and lower wicks. - Suggests market indecision, often seen in consolidations. --- 🌟
Conclusions:
✅ Individual candle patterns provide early signals of trend reversal.
✅ Confirmation with volume and other indicators enhances reliability.
✅ Combining patterns with support/resistance strengthens predictions. If you found it helpful, please like, share, and comment! Thank you!