šŸ”¹ Neutral Candlestick Patterns – Signs of Indecision or Strength

Ā 

These candles don't clearly point to either direction but offer valuable clues depending on context.

1. Doji:

Ā Open ā‰ˆ Close price, looks like a cross.

 🧭 Why it forms: Balance between buyers and sellers.

Ā šŸ“‰šŸ“ˆ Effect:

Ā After an uptrend → possible reversal

Ā After a downtrend → possible reversal

Ā In a range → market indecision

Ā 

šŸ’” Always wait for the next candle to confirm the direction!

Ā 

2. Marubozu:

Ā Long candle body with no (or very small) wicks.

Ā 

Bullish Marubozu (green):

 🧭 Buyers dominated start to finish

Ā šŸ“ˆ Effect: Continuation of uptrend

Ā 

Ā Bearish Marubozu (red):

 🧭 Sellers were fully in control

Ā šŸ“‰ Effect: Continuation of downtrend

Ā 

 🧠 Pro Tips: Read Candlesticks Like a Pro

Ā 

āœ… 1. Context Matters More Than Shape

Ā A hammer near strong support = bullish

Ā Same hammer in the middle of nowhere = noise

Ā A doji near resistance = stronger signal than in a sideways market

Ā 

Ā šŸ“Œ Always consider support/resistance and trendlines

Ā 

Ā āœ… 2. Timeframe Matters

Ā Candlestick patterns on 1D or 4H = more reliable

Ā On 1-min or 5-min = often noise

šŸ“Œ Rule: Don’t trade major signals on small timeframes

Ā 

Ā āœ… 3. Combine Candles with Other Tools

Ā 

Use with RSI, MACD, trendlines, volume

šŸ“ˆ Example: Bullish engulfing + oversold RSI + support = strong setup

šŸ“‰ Same pattern without context = risky trade

Ā 

Ā šŸ“š End of Lesson 3:

Ā This lesson offered a complete and in-depth breakdown of candlestick psychology and structure — bullish, bearish, and neutral patterns — with reasoning and real impact.

Ā 

šŸ“† See you Tomorrow at 11 PM GMT

Ā 

#Lesson3 #CandlestickMastery #CryptoEducationšŸ’”šŸš€ #BinanceSquare #ChartPatterns

$BTC $ETH $SOL