#TradingStrategyMistakes Top Candlestick Patterns Every Trader MUST Know! ๐น
Master these to catch reversals, time sniper entries, and trade like a pro. ๐ฏ๐ฐ
Letโs break it down ๐
๐
1. Engulfing Candles = Major Trend Shifts
โ Bullish Engulfing: Big green candle wraps the red โ Buyers taking control
โ ๏ธ Bearish Engulfing: Big red candle wraps the green โ Sellers in charge
๐ Reversal alert! โ often signals a major trend flip
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2. Orderblocks = Smart Money Zones
๐ Bullish Orderblock: Cluster of green engulfings = Whale buying
๐ฅ Bearish Orderblock: Cluster of reds = Whale selling
๐ Use these zones as high-probability support/resistance
๐ถโ๐ซ๏ธ
3. Doji Candles = Market Indecision
โ๏ธ Doji Star: Market unsure โ wait for clarity
๐ Dragonfly Doji: Possible bullish move
๐ Gravestone Doji: Bears may step in
๐ฏ Spinning Top: Tug-of-war โ stay alert
๐
4. Wick Candles = Price Rejection Power
๐จ Hammer: Buyers bounced price back โ bullish
๐ Inverted Hammer: Potential reversal โ confirm next
๐ซ Shooting Star: Sellers rejected the highs โ bearish signal
๐ชฆ Hanging Man: Danger at the top โ trend may crack
โ๏ธ
5. Tweezer Tops & Bottoms = Quick Reversals
๐ผ Bullish Tweezer: Double bottom โ Reversal UP
๐ฝ Bearish Tweezer: Double top โ Reversal DOWN
โก Great for sniper entries after market exhaustion
๐ง
6. Pro Tip: Timeframe = Signal Strength
๐ Bigger = Better
Weekly > Daily > 4H > 1H > 15min
โ High timeframe = Clean signals
โ Low timeframe = More noise
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Final Advice
Candlestick patterns are NOT magic โ theyโre tools.
Combine with:
๐น Support/Resistance
๐น Trendlines
๐น Volume
๐น Risk management
๐ง Trade with confirmation. Not guesswork.
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