Bullish Candlestick Patterns (indicate a potential bullish trend)

1️⃣ Hammer - A small body with a long lower wick. - Appears at the bottom of a downtrend. - Indicates strong buying pressure. - Confirms the reversal if followed by a bullish candle. ---

2️⃣ Inverted Hammer - A small body with a long upper wick. - Appears at the bottom of a bearish trend. - Indicates a potential bullish reversal after confirmation. 3️⃣ Bullish Engulfing - A small red candle followed by a large green candle that engulfs it. - Indicates a strong shift from bearish to bullish. - Works well at key support levels. 4️⃣ Piercing Line - A red candle followed by a strong green candle. - The green candle closes above the midpoint of the red candle. - Indicates a bullish reversal upon confirmation. 5️⃣ Morning Star - Three candles: red, small-bodied (indecision), and green. - Indicates a shift from bearish to bullish. - Works well at support areas. 6️⃣ Three White Soldiers - Three consecutive strong green candles. - Each opens within the body of the previous candle and closes at a higher level. - Indicates strong bullish momentum. ---

📉 Bearish Candlestick Patterns (indicate a potential bearish trend)

1️⃣ Hanging Man - A small body with a long lower wick. - Appears at the top of a bullish trend.

Reversal. 2️⃣ Shooting Star - A small body with a long upper wick. - Appears at the top of a bullish trend. - Indicates strong selling pressure.

3️⃣ Bearish Engulfing - A small green candle followed by a large red candle that engulfs it. - Indicates a bearish reversal. - Stronger when appearing at resistance levels.

4️⃣ Evening Star - Three candles: green, small-bodied (indecision), and red. - Indicates a bearish reversal at the top of a bullish trend.

5️⃣ Three Black Crows - Three consecutive strong red candles. - Each opens within the body of the previous candle and closes at a lower level. - Indicates a strong bearish trend.

6️⃣ Dark Cloud Cover - A green candle followed by a red candle that closes below its midpoint. - Indicates the potential for trend reversal. ---

🔄 Continuation Candlestick Patterns (indicate trend continuation)

1️⃣ Doji Candle - A small body with long wicks on both sides. - Indicates market indecision. - Requires confirmation to determine the direction of the trend.

2️⃣ Spinning Top Candle - A small body with long upper and lower wicks. - Indicates uncertainty in the market. - Indicates the potential continuation or reversal of the trend based on confirmation.

Confirmation.

3️⃣ Bearish Tri-Star - A long red candle followed by small green candles within its range, then another red candle. - Confirms the continuation of the bearish trend.

4️⃣ Bullish Tri-Star - A long green candle followed by small red candles within its range, then another green candle. - Confirms the continuation of the bullish trend. --- ✨ These patterns help traders make informed decisions about market trends.