📊 Candlestick Patterns – Part 2
Yesterday we talked about Body & Wick.
Today let’s talk about Patterns 👇 Because one candle is information…
But patterns are confirmation.
🔥 1. Doji
Small body + long wicks
= Market indecision
Wait for confirmation.
🐂 2. Bullish Engulfing
Big green candle covers previous red candle
= Buyers taking control
Possible reversal up.
🐻 3. Bearish Engulfing
Big red candle covers previous green candle
= Sellers taking control
Possible reversal down.
🔨 4. Hammer
Small body + long lower wick
= Buyers rejected lower prices
Possible upward move.
⚠️ Remember:
Patterns are powerful near Support & Resistance.
Don’t trade blindly.
Wait for confirmation.
Comment “Part 3” if you want Entry strategy 🔥