Common Candlestick Patterns to Know
Hammer (Bullish): Small body with a long lower wick, indicating a potential reversal at the end of a downtrend.
Inverse Hammer (Bullish): Long upper wick, indicating buying pressure followed by a potential trend shift.
Engulfing Patterns (Reversal): A large candle completely covering the
previous, smaller candle body (Bullish or Bearish).
Doji (Neutral): Open and close are nearly equal, signaling market indecision.
Three White Soldiers (Bullish): Three consecutive long green candles indicating a strong upward trend.
Three Black Crows (Bearish): Three consecutive long red candles indicating a strong downtrend
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