Even with a small capital, you can generate impressive gains if you know the right patterns and stay disciplined. Here are 5 must-know candlestick setups to boost your trading day 👇
1️⃣ Bullish Engulfing 🟢
When: After a downtrend
Entry: Break above the candle’s high
Stop Loss: Below the low
Target: 1.5–2x the risk
2️⃣ Hammer 🔨
When: Market hits a low
Entry: Break above the hammer’s top
Stop Loss: Below the low
Target: Next resistance zone
3️⃣ Shooting Star 🌠
When: After a strong uptrend
Entry: Short on break of the low
Stop Loss: Above the wick
Target: Next strong support
4️⃣ Doji + Breakout ✨
When: Market shows indecision
Entry: Trade in the direction of the breakout
Stop Loss: Beyond the Doji range
Target: Fibonacci level or previous swing
5️⃣ Morning Star 🌅
When: 3-candle bullish reversal
Entry: After the close of the 3rd candle
Stop Loss: Below the pattern low
Target: Previous resistance
💡 Pro Tips
Leverage: 3–5x for bigger gains (manage risk carefully)
Max risk: 5–10% per trade
Always confirm with volume + market structure
📌 With strategy and consistency, these candlestick patterns can turn $6 into serious gains in a single day!
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