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Every trader must understand candlesticks before trading.
Candles show real price action, not lagging signals.
They reveal who’s in control buyers or sellers.
If you can’t read candles, you’re guessing.
👇 Tap below and watch the full detailed post#WarshFedPolicyOutlook #RiskAssetsMarketShock #WarshFedPolicyOutlook #candlestick #TradingCommunity
Candles show real price action, not lagging signals.
They reveal who’s in control buyers or sellers.
If you can’t read candles, you’re guessing.
👇 Tap below and watch the full detailed post#WarshFedPolicyOutlook #RiskAssetsMarketShock #WarshFedPolicyOutlook #candlestick #TradingCommunity
Waseem Ahmad mir
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Market Structure Explained: Candlestick Patterns 38 Key Setups
While doing Technical analysis, candlestick patterns are used by traders to predict future price movements based on historical price data. Each candlestick provides a visual summary of the stock’s price action, displaying the opening, closing, high, and low prices.
In this blog, we’ll cover the most popular candlestick patterns that every trader must know.
Bullish Candlestick Patterns
Bullish candlestick patterns signal potential reversals in downtrends and indicate a shift towards upward price movements.
Bullish Engulfing Pattern
The Bullish Engulfing Pattern consists of two candles:
A small bearish candle followed by a Larger bullish candle.
What Bullish Engulfing Pattern Indicates: The body of the bullish candle completely engulfs the body of the bearish candle, indicating strong buying strength.
Hammer Pattern
Hammer is a single candlestick pattern with
A small body candle, and Long lower shadow/wick
What Hammer Pattern Indicates: Whenever the chart is in a downtrend, and a Hammer candlestick is made, it indicates that the share price might go up because the buyers have become more dominant or active.
Morning Star Pattern
The Morning Star is a three-candlestick pattern that converts downtrend to uptrend. It starts with a long bearish candle, followed by a small-bodied candle (either bullish or bearish) and ends with a long bullish candle.
What Morning Star Pattern Indicates: This pattern signifies a strong reversal signal, as it shows that the sellers are losing control and the buyers are taking over.
Piercing Line Pattern
The Piercing Line is a two-candlestick pattern that begins with a strong bearish candle followed by a bullish candle. The second candle opens below the previous candle's close but closes above the midpoint (50%) of the previous bearish candle.
What Piercing Line Pattern Indicates: This pattern indicates a Bullish reversal signal, which means buyers are stepping in and reversing the downtrend.
Bullish Harami Pattern
The Bullish Harami is a two-candlestick pattern that signals a possible upward trend reversal. Here, a small bullish candle is completely contained within the body of the previous large bearish candle.
What Bullish Harami Pattern Indicates: This pattern suggests a decrease in selling pressure and the possibility of a bullish reversal.
Three White Soldiers Pattern
The Three White Soldiers pattern consists of three long bullish candles with small wicks that appear consecutively one after another. Each new candle opens inside the previous one’s body and closes higher than the last.
What Three White Soldiers Pattern Indicates: This candlestick pattern indicates that the market is moving from a downtrend (falling prices) to an uptrend (rising prices).
Inverted Hammer Pattern
The Inverted Hammer Pattern appears at the bottom of a downtrend and features a small body with a long upper shadow and little to no lower shadow.
What Inverted Hammer Pattern Indicates: This pattern suggests that buyers attempted to push prices higher during the session.
Dragonfly Doji Bullish Pattern
The Dragonfly Doji is a single candlestick pattern with a very small body and a long lower shadow that appears at the bottom of a downtrend.
What Dragonfly Doji Bullish Pattern Indicates: It indicates that a stock's open, high, and close prices are all near the same level. Dragonfly Doji Bullish Pattern might seem similar to Hammer Pattern but Dragonfly Doji has no body, while Hammer has a small body at the top.
Bullish Abandoned Baby Pattern
The Bullish Abandoned Baby is a three-candlestick pattern. It consists of a long bearish candle, followed by a doji candle that gaps down, and then a long bullish candle that gaps up.
What Bullish Abandoned Baby Pattern Indicates: This pattern signals a strong reversal and a significant shift from bearish to bullish sentiment.
Three Inside Up Pattern
The Three Inside Up pattern consists of three candles:
A large bearish candle, A small bullish candle that closes above the 50% level of the first candle and A third bullish candle that closes above the first candle's open.
What Three Inside Up Pattern Indicates: This pattern indicates a potential reversal in the chart/share/stock.
Three Outside Up Pattern As the name suggests, the three outside up pattern is a three candlestick pattern that starts with a bearish candle, followed by a bullish candle that engulfs the first candle and ends with another bullish candle that closes higher.
What Three Outside Up Pattern Indicates: This pattern confirms the strength of the bullish reversal.
Bullish KickerPattern
The Bullish Kicker pattern starts with a long bearish candle followed by an even longer bullish candlestick. The candle opens higher than the previous day's closing price and rises even more.
What Kicker Pattern Indicates: Signals a strong reversal in market sentiment. This pattern shows that even though the market was down the day before, buyers suddenly took control and pushed the price up quickly.
Tweezer Bottom Pattern
Tweezer Bottom Pattern is a two-candlestick pattern that includes two equal-sized bullish and bearish candles.
What Tweezer Bottom Pattern Indicates: This pattern indicates that the market has found a support level.
Rising Three Methods Pattern
The Rising Three Methods Pattern consists of five candles in a continuation pattern, i.e., a long bullish candle, three small bearish candles that trade above the low and below the high of the first candlestick, and another long bullish candle that closes above the high of the first candlestick.
What Rising Three Methods Pattern Indicates: Uptrend is likely to continue. It means the price takes a short break or goes slightly down before it moves up again. The pattern suggests that buyers are still in control, and the price should go up after this small pause.
Concealing Baby Swallow Pattern
The Concealing Baby Swallow is a four-candlestick pattern that starts with two long bearish candles, followed by a gap down with a small bullish or bearish candle and ends with another long bearish candle that completely engulfs the small candle.
What Concealing Baby Swallow Pattern Indicates: Selling pressure is decreasing in a downtrend. It suggests a potential bullish reversal, where the downtrend may be coming to an end, and the price could start to rise.
Mat Hold PatternThe Mat Hold pattern is similar to the rising three methods pattern. It is a continuation pattern consisting of five candles that start with a long bullish candle, followed by three small bearish candles (a smaller bearish candles that move lower) that stay within the range of the first candle and end with another long bullish candle that closes above the high of the first candle.
What Mat Hold Pattern Indicates: Brief pause or consolidation in an uptrend.
Bullish Separating Lines Pattern
The bullish Separating Lines Pattern is a two-candlestick pattern that includes a bearish candle followed by a bullish candle that opens at the same level as a bearish candle.
What Bullish Separating Lines Pattern Indicates: This pattern suggests that the uptrend will continue after a brief pause.
Bullish Belt Hold Pattern
The Bullish Belt Hold Pattern is a single candlestick pattern that appears at the bottom of a downtrend. The opening price of the candle becomes lower for the day and closes near the high, with little to no lower shadow.
What Bullish Belt Hold Pattern Indicates: Strong buying pressure and a potential reversal from a downtrend to an uptrend.
Three-Line Strike Pattern
The Three-Line Strike Pattern is made up of four candles: three consecutive bullish candles followed by a long bearish candle that opens higher and closes lower than the first candle of the pattern.
What Three-Line Strike Pattern Indicates: Despite the bearish fourth candle, it suggests that the price will resume moving upward after a brief pause.
Ladder Bottom Pattern
The Ladder Bottom Pattern is a five-candlestick pattern that starts with three consecutive long bearish candles, followed by a small bearish or bullish candle and ends with a long bullish candle.
What Ladder Bottom Pattern Indicates: Bearish trend is ending and buying pressure may be starting to take control.
Meeting Lines Pattern
The meeting Lines Pattern consists of two candles: a long bearish candle followed by a long bullish candle that opens lower but closes at the same level as the bearish candle’s close.
What Meeting Lines Pattern Indicates: Bullish reversal after a downtrend and indicates a shift from selling to buying pressure.
Bearish Candlestick Patterns
Bearish Engulfing Pattern
Three Black Crows bearish candlestick pattern forms when a small bullish candle is followed by a large bearish candle that completely engulfs the previous green candle.
What Bearish Engulfing Pattern Indicates: Generally, this pattern indicates that sellers have taken control, and the share price might continue to fall.
Bearish Belt Hold Pattern
A bearish Belt Hold Pattern is visible when there’s an uptrend in the market. A single long red candle is formed that opens at the high of the day and closes near the low, with little to no upper shadow.
What Bearish Belt Hold Pattern Indicates: It indicates strong selling pressure, which results in an ascending market.
Three Black Crows Pattern
When three consecutive long-red candles with small wicks are visible, three Black Crows pattern is formed.
What Three Black Crows Pattern Indicates: The pattern suggests a continuation of a downtrend, showing strong and steady selling pressure.
Bearish Three-Line Strike Pattern
A bearish Three-Line Strike Pattern forms three consecutive red candles, and lastly, a long green candle completes the pattern. It opens lower and closes above the first candle’s opening.
What Bearish Three-Line Strike Pattern Indicates: Despite the fourth bullish candle, the pattern indicates a short pullback and continuation of the downtrend.
Bearish Hanging Man Pattern
Bearish Hanging Man Pattern appears at the top of the uptrend as a single candle with a small body and a long lower shadow.
What Bearish Hanging Man Pattern Indicates: It indicates that selling pressure is increasing and that the uptrend might be coming to an end.
Upside Gap Two Crows Pattern
Bearish Evening Star is a three-candlestick pattern that starts with a long bullish candle followed by a small-bodied candle that gaps up and ends with a long bearish candle that closes well into the body of the first candle.
What Bearish Evening Star Pattern Indicates: The uptrend is losing momentum, and a downtrend may be starting.
Bearish Shooting Star Pattern
Bearish Shooting Star is a single candlestick pattern with a small body, a long upper shadow, and little to no lower shadow. It appears at the top of an uptrend.
What Bearish Shooting Star Pattern Indicates: The long upper shadow shows that buyers were in control earlier, but sellers took over and pushed the price down, indicating a potential reversal.
Bearish Harami Pattern
Bearish Harami is a two-candlestick pattern where a small bearish candle is completely engulfed within the body of the previous large bullish candle.
What Bearish Harami Pattern Indicates: Buying pressure is weakening, and a reversal to the downside might be coming.
Bearish Doji Star Pattern
Bearish Doji Star is a two-candlestick pattern that starts with a long bullish candle followed by a Doji (a candle with a very small body).
What Bearish Doji Star Pattern Indicates: The Doji shows indecision in the market, and if it's followed by a bearish candle, it confirms the reversal and signals a potential downtrend.
Bearish Abandoned Baby Pattern
Bearish Abandoned Baby Pattern is a three-candlestick pattern that starts with a long bullish candle, followed by a Doji that gaps up from the previous candle, and ends with a long bearish candle that gaps down from the Doji.
What Bearish Abandoned Baby Pattern Indicates: This pattern indicates a sharp reversal and signals the beginning of a downtrend.
Bearish Tweezer Top Pattern
The Bearish Tweezer Tops pattern consists of two or more candles with matching highs and appears at the top of an uptrend. The first candle is usually bullish, and the second candle is bearish.
What Bearish Tweezer Top Pattern Indicates: The matching highs show that the upward momentum is weakening, and a reversal might be coming.
Bearish Kicker Pattern
It starts with a long bullish candle, followed by a long bearish candle that opens below the previous candle’s opening price and closes lower.
What Bearish Kicker Pattern Indicates: Dramatic shift in market sentiment and suggests a sudden reversal to the downside.
Bearish Three Inside Down Pattern
Bearish Three Inside Down is a three-candlestick pattern that starts with a bullish candle, followed by a smaller bearish candle that is completely within the first candle and ends with another bearish candle that closes lower.
What Bearish Three Inside Down Pattern Indicates: Sellers have start gaining dominance over the buyers. This confirms the bearish reversal and signals a potential downtrend.
Bearish Three Outside Down Pattern
Bearish Three Outside is a three-candlestick pattern that starts with a bullish candle, followed by a bearish candle that engulfs the first candle and ends with another bearish candle that closes lower.
What Bearish Three Outside Down Pattern Indicates: This pattern confirms the strength of the bearish reversal.
Bearish Mat Hold Pattern
Bearish Mat Hold is a five-candlestick pattern that starts with a long bearish candle, followed by three smaller bullish candles that stay within the range of the first candle and ends with another long bearish candle that closes below the first candle.
What Bearish Mat Hold Pattern Indicates: Brief pause before the downtrend continues.
Dark Cloud Cover Pattern
Dark Cloud Cover Pattern forms a long green candle followed by a red candle that opens above the previous high but closes below the midpoint of the green candle.
What Dark Cloud Cover Pattern Indicates: The uptrend might be over, and a downtrend could begin.
Conclusion
To conclude, candlestick patterns are a useful trading tool for understanding market trends and predicting future price movements. They give visual clues whether stock prices might go up or down. By learning to recognise these patterns, you can make better decisions when buying or selling.
However, don’t rely on them alone. Always remember candlestick patterns works best when used with other analysis tools.
#BitcoinGoogleSearchesSurge
In this blog, we’ll cover the most popular candlestick patterns that every trader must know.
Bullish Candlestick Patterns
Bullish candlestick patterns signal potential reversals in downtrends and indicate a shift towards upward price movements.
Bullish Engulfing Pattern
The Bullish Engulfing Pattern consists of two candles:
A small bearish candle followed by a Larger bullish candle.
What Bullish Engulfing Pattern Indicates: The body of the bullish candle completely engulfs the body of the bearish candle, indicating strong buying strength.
Hammer Pattern
Hammer is a single candlestick pattern with
A small body candle, and Long lower shadow/wick
What Hammer Pattern Indicates: Whenever the chart is in a downtrend, and a Hammer candlestick is made, it indicates that the share price might go up because the buyers have become more dominant or active.
Morning Star Pattern
The Morning Star is a three-candlestick pattern that converts downtrend to uptrend. It starts with a long bearish candle, followed by a small-bodied candle (either bullish or bearish) and ends with a long bullish candle.
What Morning Star Pattern Indicates: This pattern signifies a strong reversal signal, as it shows that the sellers are losing control and the buyers are taking over.
Piercing Line Pattern
The Piercing Line is a two-candlestick pattern that begins with a strong bearish candle followed by a bullish candle. The second candle opens below the previous candle's close but closes above the midpoint (50%) of the previous bearish candle.
What Piercing Line Pattern Indicates: This pattern indicates a Bullish reversal signal, which means buyers are stepping in and reversing the downtrend.
Bullish Harami Pattern
The Bullish Harami is a two-candlestick pattern that signals a possible upward trend reversal. Here, a small bullish candle is completely contained within the body of the previous large bearish candle.
What Bullish Harami Pattern Indicates: This pattern suggests a decrease in selling pressure and the possibility of a bullish reversal.
Three White Soldiers Pattern
The Three White Soldiers pattern consists of three long bullish candles with small wicks that appear consecutively one after another. Each new candle opens inside the previous one’s body and closes higher than the last.
What Three White Soldiers Pattern Indicates: This candlestick pattern indicates that the market is moving from a downtrend (falling prices) to an uptrend (rising prices).
Inverted Hammer Pattern
The Inverted Hammer Pattern appears at the bottom of a downtrend and features a small body with a long upper shadow and little to no lower shadow.
What Inverted Hammer Pattern Indicates: This pattern suggests that buyers attempted to push prices higher during the session.
Dragonfly Doji Bullish Pattern
The Dragonfly Doji is a single candlestick pattern with a very small body and a long lower shadow that appears at the bottom of a downtrend.
What Dragonfly Doji Bullish Pattern Indicates: It indicates that a stock's open, high, and close prices are all near the same level. Dragonfly Doji Bullish Pattern might seem similar to Hammer Pattern but Dragonfly Doji has no body, while Hammer has a small body at the top.
Bullish Abandoned Baby Pattern
The Bullish Abandoned Baby is a three-candlestick pattern. It consists of a long bearish candle, followed by a doji candle that gaps down, and then a long bullish candle that gaps up.
What Bullish Abandoned Baby Pattern Indicates: This pattern signals a strong reversal and a significant shift from bearish to bullish sentiment.
Three Inside Up Pattern
The Three Inside Up pattern consists of three candles:
A large bearish candle, A small bullish candle that closes above the 50% level of the first candle and A third bullish candle that closes above the first candle's open.
What Three Inside Up Pattern Indicates: This pattern indicates a potential reversal in the chart/share/stock.
Three Outside Up Pattern As the name suggests, the three outside up pattern is a three candlestick pattern that starts with a bearish candle, followed by a bullish candle that engulfs the first candle and ends with another bullish candle that closes higher.
What Three Outside Up Pattern Indicates: This pattern confirms the strength of the bullish reversal.
Bullish KickerPattern
The Bullish Kicker pattern starts with a long bearish candle followed by an even longer bullish candlestick. The candle opens higher than the previous day's closing price and rises even more.
What Kicker Pattern Indicates: Signals a strong reversal in market sentiment. This pattern shows that even though the market was down the day before, buyers suddenly took control and pushed the price up quickly.
Tweezer Bottom Pattern
Tweezer Bottom Pattern is a two-candlestick pattern that includes two equal-sized bullish and bearish candles.
What Tweezer Bottom Pattern Indicates: This pattern indicates that the market has found a support level.
Rising Three Methods Pattern
The Rising Three Methods Pattern consists of five candles in a continuation pattern, i.e., a long bullish candle, three small bearish candles that trade above the low and below the high of the first candlestick, and another long bullish candle that closes above the high of the first candlestick.
What Rising Three Methods Pattern Indicates: Uptrend is likely to continue. It means the price takes a short break or goes slightly down before it moves up again. The pattern suggests that buyers are still in control, and the price should go up after this small pause.
Concealing Baby Swallow Pattern
The Concealing Baby Swallow is a four-candlestick pattern that starts with two long bearish candles, followed by a gap down with a small bullish or bearish candle and ends with another long bearish candle that completely engulfs the small candle.
What Concealing Baby Swallow Pattern Indicates: Selling pressure is decreasing in a downtrend. It suggests a potential bullish reversal, where the downtrend may be coming to an end, and the price could start to rise.
Mat Hold PatternThe Mat Hold pattern is similar to the rising three methods pattern. It is a continuation pattern consisting of five candles that start with a long bullish candle, followed by three small bearish candles (a smaller bearish candles that move lower) that stay within the range of the first candle and end with another long bullish candle that closes above the high of the first candle.
What Mat Hold Pattern Indicates: Brief pause or consolidation in an uptrend.
Bullish Separating Lines Pattern
The bullish Separating Lines Pattern is a two-candlestick pattern that includes a bearish candle followed by a bullish candle that opens at the same level as a bearish candle.
What Bullish Separating Lines Pattern Indicates: This pattern suggests that the uptrend will continue after a brief pause.
Bullish Belt Hold Pattern
The Bullish Belt Hold Pattern is a single candlestick pattern that appears at the bottom of a downtrend. The opening price of the candle becomes lower for the day and closes near the high, with little to no lower shadow.
What Bullish Belt Hold Pattern Indicates: Strong buying pressure and a potential reversal from a downtrend to an uptrend.
Three-Line Strike Pattern
The Three-Line Strike Pattern is made up of four candles: three consecutive bullish candles followed by a long bearish candle that opens higher and closes lower than the first candle of the pattern.
What Three-Line Strike Pattern Indicates: Despite the bearish fourth candle, it suggests that the price will resume moving upward after a brief pause.
Ladder Bottom Pattern
The Ladder Bottom Pattern is a five-candlestick pattern that starts with three consecutive long bearish candles, followed by a small bearish or bullish candle and ends with a long bullish candle.
What Ladder Bottom Pattern Indicates: Bearish trend is ending and buying pressure may be starting to take control.
Meeting Lines Pattern
The meeting Lines Pattern consists of two candles: a long bearish candle followed by a long bullish candle that opens lower but closes at the same level as the bearish candle’s close.
What Meeting Lines Pattern Indicates: Bullish reversal after a downtrend and indicates a shift from selling to buying pressure.
Bearish Candlestick Patterns
Bearish Engulfing Pattern
Three Black Crows bearish candlestick pattern forms when a small bullish candle is followed by a large bearish candle that completely engulfs the previous green candle.
What Bearish Engulfing Pattern Indicates: Generally, this pattern indicates that sellers have taken control, and the share price might continue to fall.
Bearish Belt Hold Pattern
A bearish Belt Hold Pattern is visible when there’s an uptrend in the market. A single long red candle is formed that opens at the high of the day and closes near the low, with little to no upper shadow.
What Bearish Belt Hold Pattern Indicates: It indicates strong selling pressure, which results in an ascending market.
Three Black Crows Pattern
When three consecutive long-red candles with small wicks are visible, three Black Crows pattern is formed.
What Three Black Crows Pattern Indicates: The pattern suggests a continuation of a downtrend, showing strong and steady selling pressure.
Bearish Three-Line Strike Pattern
A bearish Three-Line Strike Pattern forms three consecutive red candles, and lastly, a long green candle completes the pattern. It opens lower and closes above the first candle’s opening.
What Bearish Three-Line Strike Pattern Indicates: Despite the fourth bullish candle, the pattern indicates a short pullback and continuation of the downtrend.
Bearish Hanging Man Pattern
Bearish Hanging Man Pattern appears at the top of the uptrend as a single candle with a small body and a long lower shadow.
What Bearish Hanging Man Pattern Indicates: It indicates that selling pressure is increasing and that the uptrend might be coming to an end.
Upside Gap Two Crows Pattern
Bearish Evening Star is a three-candlestick pattern that starts with a long bullish candle followed by a small-bodied candle that gaps up and ends with a long bearish candle that closes well into the body of the first candle.
What Bearish Evening Star Pattern Indicates: The uptrend is losing momentum, and a downtrend may be starting.
Bearish Shooting Star Pattern
Bearish Shooting Star is a single candlestick pattern with a small body, a long upper shadow, and little to no lower shadow. It appears at the top of an uptrend.
What Bearish Shooting Star Pattern Indicates: The long upper shadow shows that buyers were in control earlier, but sellers took over and pushed the price down, indicating a potential reversal.
Bearish Harami Pattern
Bearish Harami is a two-candlestick pattern where a small bearish candle is completely engulfed within the body of the previous large bullish candle.
What Bearish Harami Pattern Indicates: Buying pressure is weakening, and a reversal to the downside might be coming.
Bearish Doji Star Pattern
Bearish Doji Star is a two-candlestick pattern that starts with a long bullish candle followed by a Doji (a candle with a very small body).
What Bearish Doji Star Pattern Indicates: The Doji shows indecision in the market, and if it's followed by a bearish candle, it confirms the reversal and signals a potential downtrend.
Bearish Abandoned Baby Pattern
Bearish Abandoned Baby Pattern is a three-candlestick pattern that starts with a long bullish candle, followed by a Doji that gaps up from the previous candle, and ends with a long bearish candle that gaps down from the Doji.
What Bearish Abandoned Baby Pattern Indicates: This pattern indicates a sharp reversal and signals the beginning of a downtrend.
Bearish Tweezer Top Pattern
The Bearish Tweezer Tops pattern consists of two or more candles with matching highs and appears at the top of an uptrend. The first candle is usually bullish, and the second candle is bearish.
What Bearish Tweezer Top Pattern Indicates: The matching highs show that the upward momentum is weakening, and a reversal might be coming.
Bearish Kicker Pattern
It starts with a long bullish candle, followed by a long bearish candle that opens below the previous candle’s opening price and closes lower.
What Bearish Kicker Pattern Indicates: Dramatic shift in market sentiment and suggests a sudden reversal to the downside.
Bearish Three Inside Down Pattern
Bearish Three Inside Down is a three-candlestick pattern that starts with a bullish candle, followed by a smaller bearish candle that is completely within the first candle and ends with another bearish candle that closes lower.
What Bearish Three Inside Down Pattern Indicates: Sellers have start gaining dominance over the buyers. This confirms the bearish reversal and signals a potential downtrend.
Bearish Three Outside Down Pattern
Bearish Three Outside is a three-candlestick pattern that starts with a bullish candle, followed by a bearish candle that engulfs the first candle and ends with another bearish candle that closes lower.
What Bearish Three Outside Down Pattern Indicates: This pattern confirms the strength of the bearish reversal.
Bearish Mat Hold Pattern
Bearish Mat Hold is a five-candlestick pattern that starts with a long bearish candle, followed by three smaller bullish candles that stay within the range of the first candle and ends with another long bearish candle that closes below the first candle.
What Bearish Mat Hold Pattern Indicates: Brief pause before the downtrend continues.
Dark Cloud Cover Pattern
Dark Cloud Cover Pattern forms a long green candle followed by a red candle that opens above the previous high but closes below the midpoint of the green candle.
What Dark Cloud Cover Pattern Indicates: The uptrend might be over, and a downtrend could begin.
Conclusion
To conclude, candlestick patterns are a useful trading tool for understanding market trends and predicting future price movements. They give visual clues whether stock prices might go up or down. By learning to recognise these patterns, you can make better decisions when buying or selling.
However, don’t rely on them alone. Always remember candlestick patterns works best when used with other analysis tools.
#BitcoinGoogleSearchesSurge
🕯️ Candlestick Reading
Every candle tells a fight story: Bulls vs Bears #
OHLC = Open • High • Low • Close
🟢 Green → Buyers won
🔴 Red → Sellers won
Body = Power
Wicks = Rejection
🔻 Long lower wick at support → Buyers stepped in (Buy clue)
🔺 Long upper wick at resistance → Sellers smashed price (Sell clue)
🔥 Powerful Patterns
Hammer → Bullish reversal
Shooting Star → Bearish reversal
Bullish Engulfing → Strong buy pressure
Bearish Engulfing → Strong sell pressure
Doji → Reversal alert / indecision
⚡ 5-Second Rule
Color → Body → Wicks → Location → Volume
Candles don’t predict. They expose what smart money already did.#candlestick #crypto #TradeSmart #SupportResistance
Every candle tells a fight story: Bulls vs Bears #
OHLC = Open • High • Low • Close
🟢 Green → Buyers won
🔴 Red → Sellers won
Body = Power
Wicks = Rejection
🔻 Long lower wick at support → Buyers stepped in (Buy clue)
🔺 Long upper wick at resistance → Sellers smashed price (Sell clue)
🔥 Powerful Patterns
Hammer → Bullish reversal
Shooting Star → Bearish reversal
Bullish Engulfing → Strong buy pressure
Bearish Engulfing → Strong sell pressure
Doji → Reversal alert / indecision
⚡ 5-Second Rule
Color → Body → Wicks → Location → Volume
Candles don’t predict. They expose what smart money already did.#candlestick #crypto #TradeSmart #SupportResistance
তুমি যদি ক্যান্ডেল সমন্ধে বুঝো তাহলে তুমি সফল হবে। পাঁচ মিনিটে ক্যান্ডেল বোঝার সহজ নিয়ম নিচে দিয়ে দিলাম। 👇 একটি ক্যান্ডেল আমাদের চারটি জিনিস শিখিয়ে দেয়
1 open
2 close
3 high
4 low
First knowledge for candle color
ক্যান্ডেল দেখার পর ট্রেড নয় ট্রেন্ড + ভলিউম দেখো । সহজ জিনিস বুঝলে বড় লস এড়ানো যায়।
#Candlestick #TradingEducation #CryptoLearning
1 open
2 close
3 high
4 low
First knowledge for candle color
ক্যান্ডেল দেখার পর ট্রেড নয় ট্রেন্ড + ভলিউম দেখো । সহজ জিনিস বুঝলে বড় লস এড়ানো যায়।
#Candlestick #TradingEducation #CryptoLearning
Hướng dẫn cách đọc nến trong giao dịch theo cách đơn giản nhất
#candlestick #nennhat #crypto
$LINK $T $ZEC
#candlestick #nennhat #crypto
$LINK $T $ZEC
仔细观察并学习，这样才能有收获。
要在充分了解的基础上做决定，
不要盲目行动。
দেখে ও শিখে নাও, তবেই লাভ হবে।
পর্যাপ্তভাবে বোঝার পরই সিদ্ধান্ত নিতে হবে।
অবিবেচকভাবে কোনো কাজ করা উচিত নয়।
#candlestick #bd #cryptouniverseofficial #Follow_Like_Comment #Community
$BNB $BTC $XRP
要在充分了解的基础上做决定，
不要盲目行动。
দেখে ও শিখে নাও, তবেই লাভ হবে।
পর্যাপ্তভাবে বোঝার পরই সিদ্ধান্ত নিতে হবে।
অবিবেচকভাবে কোনো কাজ করা উচিত নয়।
#candlestick #bd #cryptouniverseofficial #Follow_Like_Comment #Community
$BNB $BTC $XRP
You've stared at candlesticks long enough.
Time to understand them
HOW TO READ CANDLESTICKS?
@BNB Chain #candlestick #WhenWillBTCRebound #TradingSignals #BinanceSquare #writetoearn $BNB
Time to understand them
HOW TO READ CANDLESTICKS?
@BNB Chain #candlestick #WhenWillBTCRebound #TradingSignals #BinanceSquare #writetoearn $BNB
01_02_2026
Here’s a short analysis of the $ZKP coin.
📸 Price Snapshot (Latest Real Approx)
💰 ZKP (Coin Name: zkPass)
• Price: ~$0.12 USD (~₨32 PKR) (up recent session)
• 24h Movement: Positive daily change seen.
• All-Time High: Around $0.25 before pullbac
📊 Current Price Snapshot
As of the latest data, ZKP (listed as zkPass on CMC) trades around $0.096, with a recent high near $0.255 earlier in the cycle — indicating high volatility.
High
|
0.14 ┼ ╭───╮
│ │ │
Price 0.12 ┼ │ │ ╭───╮
│ ╭─┴─╮ │ │ │
0.10 ┼ │ │ │ ╭─┴─╮ │
│ ╭─┴─╮ │ ╰─┬─╮ │ │
0.08 ┼ │ │ │ │ │ ╰─┤
│ ╭─┴─╮ │ │ ╭─┴─╯
0.06 ┼ │ │ │ │ │
│ │ │ │ ╰─┤
0.04 ┼ │ ╰─┤ │
└─────────────────
D1 D2 D3 D4 D5
$ZKP
#ZPK #candlestick
Here’s a short analysis of the $ZKP coin.
📸 Price Snapshot (Latest Real Approx)
💰 ZKP (Coin Name: zkPass)
• Price: ~$0.12 USD (~₨32 PKR) (up recent session)
• 24h Movement: Positive daily change seen.
• All-Time High: Around $0.25 before pullbac
📊 Current Price Snapshot
As of the latest data, ZKP (listed as zkPass on CMC) trades around $0.096, with a recent high near $0.255 earlier in the cycle — indicating high volatility.
High
|
0.14 ┼ ╭───╮
│ │ │
Price 0.12 ┼ │ │ ╭───╮
│ ╭─┴─╮ │ │ │
0.10 ┼ │ │ │ ╭─┴─╮ │
│ ╭─┴─╮ │ ╰─┬─╮ │ │
0.08 ┼ │ │ │ │ │ ╰─┤
│ ╭─┴─╮ │ │ ╭─┴─╯
0.06 ┼ │ │ │ │ │
│ │ │ │ ╰─┤
0.04 ┼ │ ╰─┤ │
└─────────────────
D1 D2 D3 D4 D5
$ZKP
#ZPK #candlestick
Mai kereskedési PNL
+$0,02
+8.23%
Technical# analysis# of# a# double# top# pattern #on #financial #candlestick #chart# Bearish# reversal#$BTC
Day 7 – How to Read a Crypto Chart (Beginner Guide)
📊 Don’t trade blindly — learn to read the chart first.
A crypto chart shows the price movement of a coin over time.
The most common chart type is the candlestick chart.
📈 Candlestick Basics:
• Green candle: Price went up
• Red candle: Price went down
• Wick (line): Shows highest & lowest price
• Body: Opening and closing price
Charts help traders understand:
• Market direction (up or down)
• Buying and selling pressure
• Possible trend changes
Beginner Tip:
Always start with higher timeframes (1H, 4H, 1D) to avoid confusion.
Key Takeaway:
👉 Charts help you make decisions, not guesses.
Follow this series to slowly master crypto trading the right way.
#CryptoCharts #Candlestick #TradingBasics #BinanceLearning #CryptoEducation
📊 Don’t trade blindly — learn to read the chart first.
A crypto chart shows the price movement of a coin over time.
The most common chart type is the candlestick chart.
📈 Candlestick Basics:
• Green candle: Price went up
• Red candle: Price went down
• Wick (line): Shows highest & lowest price
• Body: Opening and closing price
Charts help traders understand:
• Market direction (up or down)
• Buying and selling pressure
• Possible trend changes
Beginner Tip:
Always start with higher timeframes (1H, 4H, 1D) to avoid confusion.
Key Takeaway:
👉 Charts help you make decisions, not guesses.
Follow this series to slowly master crypto trading the right way.
#CryptoCharts #Candlestick #TradingBasics #BinanceLearning #CryptoEducation
Technical Analysis Part 2
This is the 2nd Part of the 10 part Series
Todays Topic is "Candlestick Patterns"
Ever looked at a trading chart and felt completely lost? Those colorful bars aren't just random—they're telling you a story. Candlestick patterns are like the market's body language, revealing what traders are thinking and where prices might head next.
What Are Candlestick Patterns?
Think of candlesticks as snapshots of market emotion. Each candle shows four key prices: open, close, high, and low. The "body" (the thick part) shows the range between opening and closing prices, while the "wicks" or "shadows" show the highest and highest points reached during that period.
Green or white candles mean buyers won the battle—the price closed higher than it opened. Red or black candles signal sellers took control, pushing prices down. Simple, right?
The Most Common Patterns to Master
Doji: The Indecision King
When you see a candle with almost no body—just a cross or plus sign—that's a Doji. It means buyers and sellers are in a standoff, neither side winning. This often signals that a trend might be losing steam and a reversal could be coming.
Hammer and Hanging Man
These look like lollipops with small bodies and long lower wicks. A Hammer appears after a downtrend and suggests buyers are stepping in—potential reversal up! A Hanging Man shows up after an uptrend and warns that sellers might be gaining strength.
Engulfing Patterns: The Power Move
Bullish Engulfing happens when a big green candle completely swallows the previous red one. It's like buyers rushing in to dominate. Bearish Engulfing is the opposite—a large red candle engulfs a green one, showing sellers are taking charge.
Morning Star and Evening Star
The Morning Star is a three-candle pattern that signals a bullish reversal. After a downtrend, you'll see a red candle, then a small indecisive candle, followed by a strong green candle—like dawn breaking after a dark night.
The Evening Star works in reverse, warning that an uptrend might be ending. It's a three-act drama showing buyers losing their grip.
Shooting Star: The False Hope
This pattern has a small body at the bottom with a long upper wick. It appears after an uptrend and suggests that while buyers pushed prices up, sellers rejected those higher levels. It's often a bearish signal.
Three White Soldiers and Three Black Crows
Three consecutive strong green candles marching upward? That's the Three White Soldiers—a powerful bullish pattern showing sustained buying pressure.
Three Black Crows is the bearish version. Three consecutive red candles signal strong selling momentum and potential further decline.
Why These Patterns Matter
Candlestick patterns don't predict the future with certainty—nothing does in trading. But they give you valuable clues about market sentiment and potential turning points. They work best when combined with other tools like support/resistance levels, volume analysis, and trend indicators.
The key is context. A Hammer at a strong support level after a prolonged downtrend is more meaningful than one appearing randomly mid-trend. Always look at the bigger picture.
Getting Started
Start by focusing on just 3-4 patterns and master them before moving to more complex ones. Practice identifying them on charts without trading real money first. Paper trading or using demo accounts helps build your pattern recognition skills without risk.
Remember, no pattern works 100% of the time. Professional traders look for confirmation—waiting for the next candle or two to validate the pattern before making moves. Patience pays off in trading.
The Bottom Line
Candlestick patterns are a powerful tool in your trading toolkit, but they're just one piece of the puzzle. Think of them as hints, not guarantees. The more you practice spotting them, the better you'll understand the rhythm of the market.
Start small, stay curious, and always manage your risk. The market rewards those who learn to read its signals while respecting its unpredictability. Happy trading! 🚀
Stay Tuned. 3rd part dropping tomorrow.
#TecnicalAnalysis #candlestick #AzanTrades
$BTC
Todays Topic is "Candlestick Patterns"
Ever looked at a trading chart and felt completely lost? Those colorful bars aren't just random—they're telling you a story. Candlestick patterns are like the market's body language, revealing what traders are thinking and where prices might head next.
What Are Candlestick Patterns?
Think of candlesticks as snapshots of market emotion. Each candle shows four key prices: open, close, high, and low. The "body" (the thick part) shows the range between opening and closing prices, while the "wicks" or "shadows" show the highest and highest points reached during that period.
Green or white candles mean buyers won the battle—the price closed higher than it opened. Red or black candles signal sellers took control, pushing prices down. Simple, right?
The Most Common Patterns to Master
Doji: The Indecision King
When you see a candle with almost no body—just a cross or plus sign—that's a Doji. It means buyers and sellers are in a standoff, neither side winning. This often signals that a trend might be losing steam and a reversal could be coming.
Hammer and Hanging Man
These look like lollipops with small bodies and long lower wicks. A Hammer appears after a downtrend and suggests buyers are stepping in—potential reversal up! A Hanging Man shows up after an uptrend and warns that sellers might be gaining strength.
Engulfing Patterns: The Power Move
Bullish Engulfing happens when a big green candle completely swallows the previous red one. It's like buyers rushing in to dominate. Bearish Engulfing is the opposite—a large red candle engulfs a green one, showing sellers are taking charge.
Morning Star and Evening Star
The Morning Star is a three-candle pattern that signals a bullish reversal. After a downtrend, you'll see a red candle, then a small indecisive candle, followed by a strong green candle—like dawn breaking after a dark night.
The Evening Star works in reverse, warning that an uptrend might be ending. It's a three-act drama showing buyers losing their grip.
Shooting Star: The False Hope
This pattern has a small body at the bottom with a long upper wick. It appears after an uptrend and suggests that while buyers pushed prices up, sellers rejected those higher levels. It's often a bearish signal.
Three White Soldiers and Three Black Crows
Three consecutive strong green candles marching upward? That's the Three White Soldiers—a powerful bullish pattern showing sustained buying pressure.
Three Black Crows is the bearish version. Three consecutive red candles signal strong selling momentum and potential further decline.
Why These Patterns Matter
Candlestick patterns don't predict the future with certainty—nothing does in trading. But they give you valuable clues about market sentiment and potential turning points. They work best when combined with other tools like support/resistance levels, volume analysis, and trend indicators.
The key is context. A Hammer at a strong support level after a prolonged downtrend is more meaningful than one appearing randomly mid-trend. Always look at the bigger picture.
Getting Started
Start by focusing on just 3-4 patterns and master them before moving to more complex ones. Practice identifying them on charts without trading real money first. Paper trading or using demo accounts helps build your pattern recognition skills without risk.
Remember, no pattern works 100% of the time. Professional traders look for confirmation—waiting for the next candle or two to validate the pattern before making moves. Patience pays off in trading.
The Bottom Line
Candlestick patterns are a powerful tool in your trading toolkit, but they're just one piece of the puzzle. Think of them as hints, not guarantees. The more you practice spotting them, the better you'll understand the rhythm of the market.
Start small, stay curious, and always manage your risk. The market rewards those who learn to read its signals while respecting its unpredictability. Happy trading! 🚀
Stay Tuned. 3rd part dropping tomorrow.
#TecnicalAnalysis #candlestick #AzanTrades
$BTC
BITCOIN weekly candle closed above the 4-year Trend Key level
BTC is sitting right on the macro long-term trendline that’s held the market together for 4 years.
This level has acted as major resistance 3 times over the last 3 years, now flipping as strong support.
As long as BTC holds above this trendline, the long-term outlook stays bullish.
#bitcoin #BTC #weekly #candlestick #TrendingTopic $BTC
$ETH
BTC is sitting right on the macro long-term trendline that’s held the market together for 4 years.
This level has acted as major resistance 3 times over the last 3 years, now flipping as strong support.
As long as BTC holds above this trendline, the long-term outlook stays bullish.
#bitcoin #BTC #weekly #candlestick #TrendingTopic $BTC
$ETH
Como Ganhar Dinheiro Dominando Apenas Esta ÚNICA Estratégia (Você Não Precisa de Mais Nada!)
Hey, família trader! 👋
Vamos ser reais por um segundo. Você está constantemente pulando de um indicador para outro. De um vídeo do YouTube para o próximo. De uma estratégia para mais uma configuração de "santo graal". 📉📈 Mas no fundo, você sabe a verdade...
👉 A consistência não vem de aprender tudo — vem de dominar UMA coisa muito bem.
E hoje, eu vou te mostrar apenas essa uma estratégia. Se você se manter nisso e aprender a executá-la com disciplina...
Você não precisará de mais nada. Ponto. ✅
💡 O Poder da Estratégia “Linha de Tendência + Wedge + Zona + Breakout”
Isso não é um indicador secreto.
Isso não é baseado em ferramentas pagas.
Isso não é complexo.
É ação de preço simples + psicologia do dinheiro inteligente — apresentado neste guia visual acima.
Então, vamos desmembrá-lo 👇
🔁 Passo a Passo: Como Isso Funciona
1️⃣ Identifique o Canal de Tendência 📊
O preço forma um canal ascendente claro com máximas mais altas e mínimas mais altas.
Você percebe 3 movimentos para cima — isso é o “Padrão de 3 Movimentos.”
Isso te diz que o mercado está fazendo um movimento de exaustão, se preparando para reverter ou corrigir.
2️⃣ Identifique o Breakout 💥
O movimento final leva a uma rejeição acentuada, seguida por um forte breakout de baixa do canal.
Este é seu primeiro sinal de que o mercado quer corrigir.
3️⃣ Procure o Wedge Caindo 🔻
Após o breakout, o preço forma um padrão de wedge caindo — uma configuração de reversão de alta.
Agora aqui está a parte de ouro: o wedge pousa em uma zona de suporte chave — previamente respeitada pelo mercado.
Isso cria confluência (múltiplas confirmações alinhadas).
4️⃣ Espere pelo Sinal de Entrada 🎯
No momento em que você obtém um breakout de alta do wedge, especialmente com uma vela forte ou barra longa — essa é sua entrada de ouro.
💥 Entrada: Breakout do wedge
📍 SL: Logo abaixo do suporte do wedge
🎯 TP1 & TP2: Marcados com base na máxima da estrutura anterior
🧠 Por que isso funciona como mágica
Porque você está alinhando:
Comportamento do dinheiro inteligente 📊
Zonas de armadilha de varejo 🚨
Níveis psicológicos 🧠
Estrutura limpa & confirmações de velas 🔍
Sem desordem. Sem confusão. Apenas ação de preço limpa.
E adivinha?
Você não precisava de RSI… Você não precisava de MACD…
Você não precisava de nenhuma ferramenta complicada.
Apenas linhas de tendência, zonas e comportamento das velas
💡 Dica Bônus: Paciência = Lucros 🕰️
Se você tiver paciência o suficiente para: ✅ Esperar pela estrutura
✅ Marque as zonas corretamente
✅ Entre apenas após a confirmação
Então esta estratégia sozinha pode te dar múltiplas entradas de sniper toda semana.
Funciona em todos os mercados, todos os prazos, todas as condições — porque é baseado em como o preço se move naturalmente.
🔓 Palavras Finais — Desbloqueando a Consistência
Se você está cansado de perder…
Se você está cansado de se sentir sobrecarregado…
Então pare de correr atrás de centenas de estratégias.
📌 Apenas domine isso.
🔁 Veja este padrão se desenrolar repetidamente.
📈 Faça o backtest.
🧠 Construa sua confiança.
💸 E então, potencialize suas vitórias.
Isso não é sobre negociar mais.
É sobre negociar de forma mais inteligente — com clareza, confluência e confiança.
Pronto para mudar seu jogo de negociação para sempre?
Então pare de rolar, comece a estudar este padrão.
Não é chamativo. Mas é real, comprovado e lucrativo.
🧠 Aprenda isso.
💪 Domine isso.
🚀 Cresça com isso.
#TrendingTopic #candlestick #RiskControl
Vamos ser reais por um segundo. Você está constantemente pulando de um indicador para outro. De um vídeo do YouTube para o próximo. De uma estratégia para mais uma configuração de "santo graal". 📉📈 Mas no fundo, você sabe a verdade...
👉 A consistência não vem de aprender tudo — vem de dominar UMA coisa muito bem.
E hoje, eu vou te mostrar apenas essa uma estratégia. Se você se manter nisso e aprender a executá-la com disciplina...
Você não precisará de mais nada. Ponto. ✅
💡 O Poder da Estratégia “Linha de Tendência + Wedge + Zona + Breakout”
Isso não é um indicador secreto.
Isso não é baseado em ferramentas pagas.
Isso não é complexo.
É ação de preço simples + psicologia do dinheiro inteligente — apresentado neste guia visual acima.
Então, vamos desmembrá-lo 👇
🔁 Passo a Passo: Como Isso Funciona
1️⃣ Identifique o Canal de Tendência 📊
O preço forma um canal ascendente claro com máximas mais altas e mínimas mais altas.
Você percebe 3 movimentos para cima — isso é o “Padrão de 3 Movimentos.”
Isso te diz que o mercado está fazendo um movimento de exaustão, se preparando para reverter ou corrigir.
2️⃣ Identifique o Breakout 💥
O movimento final leva a uma rejeição acentuada, seguida por um forte breakout de baixa do canal.
Este é seu primeiro sinal de que o mercado quer corrigir.
3️⃣ Procure o Wedge Caindo 🔻
Após o breakout, o preço forma um padrão de wedge caindo — uma configuração de reversão de alta.
Agora aqui está a parte de ouro: o wedge pousa em uma zona de suporte chave — previamente respeitada pelo mercado.
Isso cria confluência (múltiplas confirmações alinhadas).
4️⃣ Espere pelo Sinal de Entrada 🎯
No momento em que você obtém um breakout de alta do wedge, especialmente com uma vela forte ou barra longa — essa é sua entrada de ouro.
💥 Entrada: Breakout do wedge
📍 SL: Logo abaixo do suporte do wedge
🎯 TP1 & TP2: Marcados com base na máxima da estrutura anterior
🧠 Por que isso funciona como mágica
Porque você está alinhando:
Comportamento do dinheiro inteligente 📊
Zonas de armadilha de varejo 🚨
Níveis psicológicos 🧠
Estrutura limpa & confirmações de velas 🔍
Sem desordem. Sem confusão. Apenas ação de preço limpa.
E adivinha?
Você não precisava de RSI… Você não precisava de MACD…
Você não precisava de nenhuma ferramenta complicada.
Apenas linhas de tendência, zonas e comportamento das velas
💡 Dica Bônus: Paciência = Lucros 🕰️
Se você tiver paciência o suficiente para: ✅ Esperar pela estrutura
✅ Marque as zonas corretamente
✅ Entre apenas após a confirmação
Então esta estratégia sozinha pode te dar múltiplas entradas de sniper toda semana.
Funciona em todos os mercados, todos os prazos, todas as condições — porque é baseado em como o preço se move naturalmente.
🔓 Palavras Finais — Desbloqueando a Consistência
Se você está cansado de perder…
Se você está cansado de se sentir sobrecarregado…
Então pare de correr atrás de centenas de estratégias.
📌 Apenas domine isso.
🔁 Veja este padrão se desenrolar repetidamente.
📈 Faça o backtest.
🧠 Construa sua confiança.
💸 E então, potencialize suas vitórias.
Isso não é sobre negociar mais.
É sobre negociar de forma mais inteligente — com clareza, confluência e confiança.
Pronto para mudar seu jogo de negociação para sempre?
Então pare de rolar, comece a estudar este padrão.
Não é chamativo. Mas é real, comprovado e lucrativo.
🧠 Aprenda isso.
💪 Domine isso.
🚀 Cresça com isso.
#TrendingTopic #candlestick #RiskControl
The Morning Star Pattern
CANDLESTICK (102)#CANDLESTICKS #candlestick
Bullish candlesticks
2nd lesson:-
The Morning Star Pattern
The Morning Star candlestick pattern is a bullish reversal pattern that signifies a potential change in the direction of the market from bearish to bullish. It typically forms at the end of a downtrend and indicates the dawn of a new upward movement, hence the name "Morning Star," symbolizing the start of a new day.
👀 What The Pattern Looks Like
The Morning Star pattern consists of three candles:
First Candle: This is a long bearish (red) candle that continues the prevailing downtrend. It has a long body, showing a strong downward movement..
Second Candle: The second candle can be either bullish (green) or bearish (red) and is typically a smaller candle or even a Doji (where the opening and closing prices are nearly the same). This candle will often gap down from the close of the first candle, meaning it opens at a lower price than the closing price of the preceding candle.
Third Candle: This is a long bullish (green) candle that often gaps up from the close of the second candle. It should close at least halfway into the body of the first candle, the more it closes into the first candle's body, the stronger the reversal signal.
🧠 Pattern Psychology
Understanding the psychology behind the Morning Star pattern gives more insight into its significance:
Continuation of Bearish Sentiment: The first long red candle reflects the continuation of the recent downtrend. Bears are in control, pushing prices lower.
Market Indecision: The appearance of the second smaller candle or Doji indicates a pause in the downtrend. This shows that the selling pressure is weakening, and there's uncertainty or indecision in the market. Both bears and bulls are assessing their positions.
Change in Sentiment: The third candle is where the sentiment shifts. The price gaps up on the open, indicating that the bulls have started to step in with force. As the third candle continues to push upward, it confirms that the bulls have taken control, and a potential trend reversal is underway.
Confirmation: While the Morning Star pattern is a strong bullish reversal sign, traders often look for additional confirmation. This could be in the form of another bullish candle following the Morning Star or other technical indicators showing bullish momentum.
In conclusion, the Morning Star candlestick pattern is a powerful tool for traders to identify potential bullish reversals at the end of a downtrend. It provides a visual representation of the shift in market sentiment. However, as with all candlestick patterns, it's vital to use the Morning Star in conjunction with other technical analysis tools and methods to make informed trading decisions.
Bullish candlesticks
2nd lesson:-
The Morning Star Pattern
The Morning Star candlestick pattern is a bullish reversal pattern that signifies a potential change in the direction of the market from bearish to bullish. It typically forms at the end of a downtrend and indicates the dawn of a new upward movement, hence the name "Morning Star," symbolizing the start of a new day.
👀 What The Pattern Looks Like
The Morning Star pattern consists of three candles:
First Candle: This is a long bearish (red) candle that continues the prevailing downtrend. It has a long body, showing a strong downward movement..
Second Candle: The second candle can be either bullish (green) or bearish (red) and is typically a smaller candle or even a Doji (where the opening and closing prices are nearly the same). This candle will often gap down from the close of the first candle, meaning it opens at a lower price than the closing price of the preceding candle.
Third Candle: This is a long bullish (green) candle that often gaps up from the close of the second candle. It should close at least halfway into the body of the first candle, the more it closes into the first candle's body, the stronger the reversal signal.
🧠 Pattern Psychology
Understanding the psychology behind the Morning Star pattern gives more insight into its significance:
Continuation of Bearish Sentiment: The first long red candle reflects the continuation of the recent downtrend. Bears are in control, pushing prices lower.
Market Indecision: The appearance of the second smaller candle or Doji indicates a pause in the downtrend. This shows that the selling pressure is weakening, and there's uncertainty or indecision in the market. Both bears and bulls are assessing their positions.
Change in Sentiment: The third candle is where the sentiment shifts. The price gaps up on the open, indicating that the bulls have started to step in with force. As the third candle continues to push upward, it confirms that the bulls have taken control, and a potential trend reversal is underway.
Confirmation: While the Morning Star pattern is a strong bullish reversal sign, traders often look for additional confirmation. This could be in the form of another bullish candle following the Morning Star or other technical indicators showing bullish momentum.
In conclusion, the Morning Star candlestick pattern is a powerful tool for traders to identify potential bullish reversals at the end of a downtrend. It provides a visual representation of the shift in market sentiment. However, as with all candlestick patterns, it's vital to use the Morning Star in conjunction with other technical analysis tools and methods to make informed trading decisions.
Bearish and bullish trend
Hey, hey, hey!
I am very glad that you want to learn.
Today we are going to look at the chart, what a bearish and bullish trend looks like and what criteria are used to distinguish it.
Let me tell you right away, this article is for beginners, so if you are already an experienced trader and understand the basics, you can close the tab. But if you are interested in crypto and want to understand how it works - welcome.
So, in cryptocurrency slang, bulls are called sellers and bears are called buyers. The first and the second are constantly competing with each other: bulls buy a coin and it grows, while bears sell it and push the price down. At the same time, the first and the second are constantly changing places: someone bought cheaper and it is in his interest to sell more expensive, and another trader believes that the price is already at a peak (local or global) and sells the coin. As a consequence, its value falls.
Accordingly, a bullish trend is when bulls win and the price moves up, and a bearish trend is the opposite - bears win and the price moves down.
In practice, it looks like this:
Bullish Trend
Bearish Trend
I took any coin, it was #Dot, and just opened a five-minute timeframe. As you can see, in the first image we have a pronounced bullish trend, and in the second image we have a bearish trend. Of course, on a very localized scale, but still.
What are the criteria for determining? Personally, I believe that the main indicator of the presence of one or another trend is the highs and lows of the price. Some mark them like me - by dots; some draw channels; some draw straight lines, but the essence always remains the same:
1. In a bullish trend, the highs and lows of the price are rising every time.
2. In a bearish trend, the highs and lows are lower every time.
And although in these images I worked with a five-minute tf, the same scheme is used to distinguish the presence of a trend on daily or hourly charts.
But here it is important to realize that on a small tf you may have a bullish trend, but if you open a more global chart, for example, a four-hour or daily chart, we will see that the price is actually moving down.
Therefore, it is necessary to proceed from your trading strategy: if you are a long-term or medium-term investor, open a four-hour, daily or even weekly chart, and look at the maximum and minimum price points - this way you will understand the price movement. Accordingly, it will be possible to take positions based on this.
But if you trade locally, on small tf and every day you want to make a profit, in this case on the hourly, 30 and 15 minute charts determine the price movement and follow it. THERE IS NO NEED TO TRADE AGAINST THE TREND. Our task is to correctly identify the price movement and fall on its tail.
Profit Everyone And See You Soon.
#usefullmaterial #SYCHTEACADEMY #candlestick #bullish #bearish $BTC
I am very glad that you want to learn.
Today we are going to look at the chart, what a bearish and bullish trend looks like and what criteria are used to distinguish it.
Let me tell you right away, this article is for beginners, so if you are already an experienced trader and understand the basics, you can close the tab. But if you are interested in crypto and want to understand how it works - welcome.
So, in cryptocurrency slang, bulls are called sellers and bears are called buyers. The first and the second are constantly competing with each other: bulls buy a coin and it grows, while bears sell it and push the price down. At the same time, the first and the second are constantly changing places: someone bought cheaper and it is in his interest to sell more expensive, and another trader believes that the price is already at a peak (local or global) and sells the coin. As a consequence, its value falls.
Accordingly, a bullish trend is when bulls win and the price moves up, and a bearish trend is the opposite - bears win and the price moves down.
In practice, it looks like this:
Bullish Trend
Bearish Trend
I took any coin, it was #Dot, and just opened a five-minute timeframe. As you can see, in the first image we have a pronounced bullish trend, and in the second image we have a bearish trend. Of course, on a very localized scale, but still.
What are the criteria for determining? Personally, I believe that the main indicator of the presence of one or another trend is the highs and lows of the price. Some mark them like me - by dots; some draw channels; some draw straight lines, but the essence always remains the same:
1. In a bullish trend, the highs and lows of the price are rising every time.
2. In a bearish trend, the highs and lows are lower every time.
And although in these images I worked with a five-minute tf, the same scheme is used to distinguish the presence of a trend on daily or hourly charts.
But here it is important to realize that on a small tf you may have a bullish trend, but if you open a more global chart, for example, a four-hour or daily chart, we will see that the price is actually moving down.
Therefore, it is necessary to proceed from your trading strategy: if you are a long-term or medium-term investor, open a four-hour, daily or even weekly chart, and look at the maximum and minimum price points - this way you will understand the price movement. Accordingly, it will be possible to take positions based on this.
But if you trade locally, on small tf and every day you want to make a profit, in this case on the hourly, 30 and 15 minute charts determine the price movement and follow it. THERE IS NO NEED TO TRADE AGAINST THE TREND. Our task is to correctly identify the price movement and fall on its tail.
Profit Everyone And See You Soon.
#usefullmaterial #SYCHTEACADEMY #candlestick #bullish #bearish $BTC
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