Candlesticks Reversal patterns (most important one )
Updated
Hi and welcome to this educational post:
Here is some of the important Reversal Candlestick patterns :
1.Hammer :
we can say lower Shadow is at least twice size of body and body close and open points are near each other (small body) and the candle formed like a hammer and beacuse of this we call that ... and hammer has high reversal potential to upside
example on XAUUSD:
2.Bullish Engulfing :
here we have two candle reversal patterns that second candle completely cover or engulfs first candle body (shadows of first candle is not important here that engulfed or not )
example on XAUUSD:
3.Morning Star :
three candlestick pattern that change downtrend and is a start of climbing chart to the moon 😁🌜
the second candle is an important time which bear change place with bull market and two other candles are some how with long body
Example on EURUSD:
4.Three White Soldier :
shouldn't have large shadows and consists of three consecutive long candle and has high potential as a reversal pattern
Example on BTCUSD :
5.Inverted Hammer :
shown at the bottom of falling and has high potential and showing us start of Bullish market
again like hammer small body and long shadow this time the upside shadow
6--7--8--9--10 is exactly reverse of this candles and patterns if you saw these candlestick patterns on any currency cryptos or stocks share with us and let us know and enjoy
<< Comment below and let me know your opinion about this tutorial >>
<<Press like👍 if you enjoy💚>>
Here is some of the important Reversal Candlestick patterns :
1.Hammer :
we can say lower Shadow is at least twice size of body and body close and open points are near each other (small body) and the candle formed like a hammer and beacuse of this we call that ... and hammer has high reversal potential to upside
example on XAUUSD:
2.Bullish Engulfing :
here we have two candle reversal patterns that second candle completely cover or engulfs first candle body (shadows of first candle is not important here that engulfed or not )
example on XAUUSD:
3.Morning Star :
three candlestick pattern that change downtrend and is a start of climbing chart to the moon 😁🌜
the second candle is an important time which bear change place with bull market and two other candles are some how with long body
Example on EURUSD:
4.Three White Soldier :
shouldn't have large shadows and consists of three consecutive long candle and has high potential as a reversal pattern
Example on BTCUSD :
5.Inverted Hammer :
shown at the bottom of falling and has high potential and showing us start of Bullish market
again like hammer small body and long shadow this time the upside shadow
6--7--8--9--10 is exactly reverse of this candles and patterns if you saw these candlestick patterns on any currency cryptos or stocks share with us and let us know and enjoy
<< Comment below and let me know your opinion about this tutorial >>
<<Press like👍 if you enjoy💚>>
Note
Reversal pattern is here too:
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