โ What is a Confirmation Candle?
A confirmation candle is a candlestick that follows a key pattern (like Marubozu, Pin Bar, Engulfing, etc.) and helps validate the signal before entering a trade.
๐ Why Use a Confirmation Candle?
Filters out false signals
Confirms the strength and direction of the move
Increases trade accuracy
๐ข Bullish Confirmation Candle
Appears after a bullish signal (e.g., Bullish Marubozu or Pin Bar)
Closes above the high of the previous candle
Signals buyers are in control
โ Enter Buy after this candle closes
๐ด Bearish Confirmation Candle
Appears after a bearish signal (e.g., Bearish Marubozu or Shooting Star)
Closes below the low of the previous candle
Signals sellers are in control
โ Enter Sell after this candle closes
๐ Always wait for confirmation in uncertain zones it protects you from emotional or premature entries.
