📈 Common Bullish Candlestick Patterm
1. Bullish Engulfing
Structure: A small red candle followed by a larger green candle that completely engulfs the previous day's body.
Meaning: Strong reversal from downtrend to uptrend.
2. Hammer
Structure: Small real body at the top with a long lower shadow; appears after a downtrend.
Meaning: Buyers stepped in to push the price back up after heavy selling.
3. Morning Star
Structure: A three-candle pattern:
Large red candle
Small-bodied candle (can be red or green) showing indecision
Large green candle that closes well into the first candle's body
Meaning: Signals a strong bullish reversal.
4. Piercing Line
Structure: Two candles:
First is a long red candle
Second is a green candle that opens below the previous close but closes more than halfway into the red candle
Meaning: Buyers are stepping in after a downtrend.