🔥 Perfect bullish reversal patterns
1️⃣ 🛠️ Bullish Hammer
- Looks like: Small body, long lower wick.
- Where? Bottom of a downtrend.
- What it means: Sellers rejected fiercely - buyers enter.
- 🚨 Confirmation: The next candle must be green.
2️⃣ 🔄 Inverted Hammer
- Looks like: The hammer flipped upside down (long upper wick).
- Where? After a downtrend.
- What it means: Buyers tried to push higher - the next candle confirms the reversal.
3️⃣ 🐂 Bullish Engulfing
- Looks like: A small red candle engulfed by a giant green candle.
- Where? After a strong decline.
- What it means: Bulls took control over bears.
4️⃣ 🌟 Morning Star
- Three Candle Pattern:
1. Big red candle (panic).
2. Small indecision candle (market indecision).
3. Huge green candle (bulls in control).
- What it means: Confirmation of trend reversal.
5️⃣ ⚡ Piercing Line
- Two Candle Pattern:
1. Strong red candle.
2. Green candle opens lower but closes above the middle of the red candle.
- What it means: Buyers are stronger than sellers.
6️⃣ 🎖️ Three White Soldiers Pattern
- Three Candle Pattern:
- Three consecutive green candles with small wicks.
- Each candle opens within the body of the previous candle.
- It means: Continued upward momentum.
📌 Important Rules:
✅ Always check the volume (the higher the volume, the stronger the signal).
✅ Check support/resistance levels (patterns near key levels are best).
✅ Use the Relative Strength Index/Moving Averages for more confirmation.
💡 Professional Tip: The stronger the confirmation, the greater the chance of a massive price movement.
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