Understanding candlestick patterns is crucial for predicting market moves with higher accuracy. This guide breaks down some of the most powerful BUY/SELL signals and support zone behaviors every trader should know:
โ BUY Setups
Rising 3 Method
Dragonfly Doji
Bullish Fakeout
Exhaustion & Impulsion (Bullish)
โ SELL Setups
Falling 3 Method
Gravestone Doji
Bearish Fakeout
Exhaustion & Impulsion (Bearish)
๐ค Indecision
Spinning Top = Wait for confirmation!
๐ฅ Support Zone Acceptance
Learn to read candle wicks like a pro:
Good = Strong Acceptance (No upper wick, strong close)
OK = Partial Acceptance
Bad = Weak Acceptance (Price rejected support)
๐ A high-quality confirmation is key to reliable trades. Always combine patterns with volume, trend, and key levels.
๐ฌ Which pattern do you use the most in your trades? Comment below ๐