🔷 Bullish engulfing:
A candlestick pattern where a smaller bearish candle is followed by a larger bullish candle, indicating a potential reversal of a downtrend.
🔷 Bearish engulfing:
The opposite of a bullish engulfing pattern, where a smaller bullish candle is followed by a larger bearish candle, suggesting a potential reversal of an uptrend.
🔷Tweezer tops:...
📍Candlestick patterns are powerful tools used in technical analysis to analyze and predict price movements in financial markets, particularly in trading. They provide valuable insights into market sentiment and help traders make informed decisions. The open, close, and various components of a candlestick, such as the body and shadows, are crucial in determining...
📍Bullish and bearish candlestick patterns are technical analysis tools used by traders to identify potential market trends and reversals. Bullish patterns indicate a potential rise in the price of an asset, while bearish patterns indicate a potential decline in price.
🔷 Bullish candlestick patterns include the dragonfly doji, hammer, tweezer bottom, morning star...
Guide Candles Patterns
Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend.
Basic Candles - Three Line Patterns
1- Advance Block
Description:
The Advance Block is classified as a three-line bearish reversal pattern. The first line is a white candle that appears as a long line in an uptrend....
Guide Candles Patterns
Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend.
Basic Candles
11- Long White Candle
Description:
When analyzing the situation on the chart, it is always more important to observe what is happening at that moment. Therefore, in order to determine whether the candle...
