๐ Bullish patterns (Tip: Possible rise ahead)
1๏ธโฃ Bullish Engulfing
๐น Small red candle โ followed by a large green one that completely engulfs it.
๐น Strong buy signal.
2๏ธโฃ Morning Star
๐น 3-part reversal:
1. Long red candle
2. Small uncertain candle
3. Strong green candle
๐น Signals a possible trend reversal from bearish to bullish.
3๏ธโฃ Bullish Pin Bar
๐น Small body + long lower wick.
๐น Rejection of lower prices = buyers start to enter the game.
4๏ธโฃ Bullish Harami
๐น Large red candle โ followed by a small green one inside it.
๐น Shows that bearish momentum is weakening.
๐ Bearish patterns (Watch for downside risk)
1๏ธโฃ Bearish Engulfing
๐น Small green candle โ followed by a large red one that completely engulfs it.
๐น Indicates that sellers are taking control.
2๏ธโฃ Evening Star
๐น 3-part reversal:
1. Strong green candle
2. Small uncertain candle
3. Large red candle
๐น Indicates a shift from bullish to bearish.
3๏ธโฃ Bearish Pin Bar
๐น Small body + long upper wick.
๐น Rejection of higher prices = bearish pressure.
4๏ธโฃ Bearish Harami
๐น Large green candle โ followed by a small red one inside its body.
๐น Signals that buyers are losing strength.
โจ Tips: Candlestick patterns are more effective when combined with volume, RSI, and moving averages. Do not trade solely based on patterns โ confirm with convergence!
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