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📈 More Bullish Candlestick Patterns

1. Marubozu (Strongest Bullish Signal)

- Solid green candle without wick.

- Showing strong buying momentum throughout the session.

- Indicates continuation of the uptrend.

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2. Hammer

- Small body with long lower axis.

- Appears at the bottom of a downtrend, signaling a reversal.

- Indicates that sellers pushed prices down, but buyers regained control.

3. Reverse Hammer

- Small body with a long upper axis.

- Occurs in a downtrend and indicates a possible bullish reversal.

- Buyers are trying to push prices higher, indicating potential strength.

4. Spinning Top

- Small body with long upper and lower axes.

- Represents market uncertainty.

- Can lead to trend continuation or reversal, depending on the next candle.

5. Doji

- The opening and closing prices are almost the same, forming a cross-like shape.

- Indicates market uncertainty; neither buyers nor sellers are in control.

- Requires confirmation from the next candlestick.

6. Dragonfly Doji (Weakest Bullish Signal)

- The opening, closing and high prices are nearly equal, with a long lower wick.

- Signals a potential reversal when it appears at the bottom of a downtrend.

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📉 More Bearish Candlestick Patterns

1. Marubozu (Strongest Bearish Signal)

- Solid red candle without wick.

- Showing strong selling pressure throughout the session.

- Indicates further continuation of the downtrend.

2. Shooting Star

- Small body with a long upper axis.

- Appears at the top of an uptrend, signaling a bearish reversal.

- Sellers reject higher prices, pushing prices lower.

3. Hanging Man

- Small body with a long lower wick, resembling a hammer but appearing at the top of an uptrend.

- Signals a potential bearish reversal, indicating that buyers are losing control.

4. Spinning Top

- Small body with long axles on both sides.

- Represents uncertainty; can signal either a reversal or a continuation.

- Requires confirmation from the next candlestick.

5. Doji

- Similar to the neutral Doji, where the opening and closing prices are nearly the same.

- Indicates market doubt and requires further confirmation.

6. Gravestone Doji (Weakest Bearish Signal)

- The opening, closing, and low prices are nearly the same, forming a long upper wick.

- Appears at the top of an uptrend, indicating a potential reversal.

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🔍 How to Use This Pattern in Trading?

- Stronger signals (Marubozu, Hammer, Shooting Star) require less confirmation from other indicators.

- Weaker signals (Doji, Spinning Top) should be combined with volume analysis, trend lines and moving averages for better accuracy.

- Always confirm the pattern with the next candlestick and additional technical indicators before making a trade.

By understanding the power of single candlestick patterns, traders can make more informed decisions, increasing their chances of success in the markets.

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