๐ Beginnerโs Guide to Bullish & Bearish Candlestick Patterns Learn Trading Basics Easily
Bullish Candlestick Patterns (Green = Market Going Up)
Bullish Candle โ Close is higher than open (green body). Shows buyers in control.
Hammer ๐ ๏ธ โ Small body on top with long lower wick. Means sellers tried to push down but buyers reversed strongly โ bullish signal.
Morning Star ๐ โ 3-candle pattern: bearish candle โ small candle (indecision) โ strong bullish candle. Suggests downtrend is reversing upward.
Bullish Engulfing ๐ฉ โ A small red candle followed by a large green candle that covers it completely. Shows strong buying pressure.
Piercing Line โ First red candle followed by a green candle that opens lower but closes more than halfway inside red. Good reversal sign.
Three White Soldiers โ๏ธ โ 3 strong green candles in a row. Strong uptrend continuation.
๐ป Bearish Candlestick Patterns (Red = Market Going Down)
Bearish Candle โ Close is lower than open (red body). Sellers in control.
Shooting Star โจ โ Small body at the bottom with a long upper wick. Means buyers tried to push higher but sellers dominated โ bearish.
Evening Star ๐ โ 3-candle pattern: bullish candle โ small indecision โ strong bearish candle. Signals trend reversal downward.
Bearish Engulfing ๐ฅ โ A small green candle followed by a large red candle that covers it completely. Strong bearish pressure.
Dark Cloud Cover โ๏ธ โ First green candle followed by a red candle that opens higher but closes more than halfway inside green.
Three Black Crows ๐ฆ โ 3 strong red candles in a row. Strong downtrend continuation.
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