๐จLearn these candles and you will never lose
๐จLearn these candles and you will never lose
1๏ธโฃ Hammer - Small body with a long lower wick. - Appears at the bottom of a downtrend. - Indicates strong buying pressure. - Confirms the reversal if followed by a bullish candle. ---
Check my pinned post ๐ for exclusive rewards ๐
2๏ธโฃ Inverted Hammer - Small body with a long upper wick. - Appears at the bottom of a downtrend. - Indicates a potential bullish reversal upon confirmation. 3๏ธโฃ Bullish Engulfing - A small red candle followed by a large green candle that engulfs it. - Indicates a strong shift from bearish to bullish. - Works well at key support levels. 4๏ธโฃ Piercing Line - A red candle followed by a strong green candle. - The green candle closes above the midpoint of the red candle. - Indicates a bullish reversal upon confirmation. 5๏ธโฃ Morning Star - Three candles: red, small body (indecision), and green. - Indicates a shift from bearish to bullish. - Works well at support areas. 6๏ธโฃ Three White Soldiers - Three consecutive strong green candles. - Each opens within the body of the previous candle and closes at a higher level. - Indicates strong bullish momentum. ---