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How to read bullish reversal candlestick patterns in trading (explained for beginners)
Have you seen how the price of
or
can go from falling to rising sharply in just a few candles?
This doesn’t happen by chance: many times, the change is announced with Japanese candlestick patterns called bullish reversals.
In this guide, you will learn to recognize the 4 most reliable patterns that will help you detect potential entries before the price skyrockets. 💡
1. Hammer
What it looks like:
A candle with a small body and a long lower wick, at least double the body. The top has almost no shadow.
or
can go from falling to rising sharply in just a few candles?
This doesn’t happen by chance: many times, the change is announced with Japanese candlestick patterns called bullish reversals.
In this guide, you will learn to recognize the 4 most reliable patterns that will help you detect potential entries before the price skyrockets. 💡
1. Hammer
What it looks like:
A candle with a small body and a long lower wick, at least double the body. The top has almost no shadow.
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