🚨 MASTER THESE CANDLESTICKS TO MINIMIZE LOSSES ✅👇
Don’t forget to check my pinned 📌 post for exclusive rewards 🎁 😉
📈 Bullish Candlestick Patterns (Signal Potential Uptrend)
1️⃣ Hammer
Small body with a long lower wick
Appears after a downtrend
Shows strong buying pressure
Confirmed when followed by a bullish candle
2️⃣ Inverse Hammer
Small body with a long upper wick
Found at the bottom of a downtrend
Indicates possible bullish reversal after confirmation
3️⃣ Bullish Engulfing
Small red candle followed by a larger green candle engulfing it
Signals a strong shift from bearish to bullish
Most effective at key support levels
4️⃣ Piercing Line
Red candle followed by a strong green candle closing above the midpoint of the red candle
Suggests bullish reversal once confirmed
5️⃣ Morning Star
Three candles: red, small-bodied (indecision), then green
Marks the shift from bearish to bullish
Works well near support zones
6️⃣ Three White Soldiers
Three strong consecutive green candles
Each candle opens within the previous body and closes higher
Indicates solid bullish momentum
📉 Bearish Candlestick Patterns (Signal Potential Downtrend)
1️⃣ Hanging Man
Small body with a long lower wick
Appears at the top of an uptrend
Signals possible bearish reversal
2️⃣ Shooting Star
Small body with a long upper wick
Appears at the top of an uptrend
Indicates strong selling pressure
3️⃣ Bearish Engulfing
Small green candle followed by a large red candle engulfing it
Indicates bearish reversal
Stronger near resistance levels
4️⃣ Evening Star
Three candles: green, small-bodied (indecision), then red
Indicates bearish reversal at uptrend peaks
5️⃣ Three Black Crows
Three consecutive strong red candles
Each opens within the previous candle and closes lower
Suggests strong bearish momentum
#CandlestickPatterns #TradingTips #CryptoTrading #MarketAnalysis