🚨 Master These Candlestick Patterns — Never Enter Blind Again ✅📉📈
Candlestick patterns are powerful tools in technical analysis that help traders predict market direction. By understanding these formations, you can make smarter entries and exits — instead of trading blindly.
Here are 5 essential candlestick patterns every trader must master:
1. Doji — Signals indecision. When it appears after a trend, it often hints at a possible reversal.
2. Hammer — A bullish reversal pattern seen after a downtrend. Long wick below shows buyers stepped in.
3. Shooting Star — Bearish reversal at the top of an uptrend. Indicates selling pressure.
4. Bullish Engulfing — Strong bullish signal. A small red candle is followed by a large green one, “engulfing” it.
5. Bearish Engulfing — A bearish version where a big red candle swallows a small green one, signaling potential drop.
📌 Why it matters:
Knowing these patterns helps you avoid emotional entries and improves your timing for buy/sell decisions.
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