🔼 Bullish Candlestick Patterns (Price might go UP)
Hammer 🔨
Looks like: Small body with a long lower wick
Means: Buyers stepped in, price may bounce up
When it shows up: At the bottom of a downtrend
Bullish Engulfing 🟩
Looks like: A big green candle fully covers a small red candle before it
Means: Strong buying pressure, possible reversal upward
When it shows up: After a downtrend
Morning Star 🌟
Pattern: 3 candles — red → small (indecision) → green
Means: Trend might change from down to up
When it shows up: Bottom of a downtrend
🔽 Bearish Candlestick Patterns (Price might go DOWN)
Shooting Star 🌠
Looks like: Small body with a long upper wick
Means: Buyers failed to hold gains, price might fall
When it shows up: At the top of an uptrend
Bearish Engulfing 🔻
Looks like: A big red candle fully covers a small green one before it
Means: Strong selling pressure, reversal downward
When it shows up: After an uptrend
Evening Star 🌘
Pattern: 3 candles — green → small → red
Means: Trend might change from up to down
When it shows up: Top of an uptrend
📌 Pro Tip:
Combine these patterns with RSI, volume, or trendlines for better signals. Never rely on just one candle alone.
