Powerful Morning Star Pattern that Boost Your Trading Journey
Powerful Morning Star Pattern : Formation: The Morning Star is a three-candlestick pattern that occurs after a downtrend. The first candle is bearish, the second is a small-bodied candle (doji or spinning top), and the third is a large bullish candle. How It’s Made: The first candle confirms the downtrend, the second candle shows indecision ...
Read moreEvening Star Candlestick A Powerful Bearish Reversal Signal
Evening Star Candlestick Formation: The Evening Star is the reverse of the Morning Star and forms after an uptrend. It’s a three-candlestick pattern with a bullish candle, a small-bodied candle in the middle, and a large bearish candle to end the sequence. How It’s Made: The first candle confirms the uptrend, the second candle shows ...
Read morePowerful Hammer Candlestick: Spot Reversals & Profit Big!
Powerful Hammer Candlestick: Spot Reversals & Profit Big! : Hammer The powerful hammer is a single candlestick pattern that usually forms after a downtrend. It has a small body and a long lower wick, which is at least twice the size of the body. The absence or small size of the upper shadow is also ...
Read moreA Powerful Neutral Candlestick Pattern for Market Insight
Doji: A Powerful Neutral Candlestick Pattern for Market Insight Neutral Called as (Doji) Candlestick A Doji is a special type of neutral candlestick where the opening and closing prices are virtually the same. This pattern indicates indecision in the market. Doji candles often precede major market reversals or continuation patterns, depending on the surrounding candles. ...
Read morePowerful Bearish Candlestick Patterns That Signal Strong Downturn
Powerful Bearish Candlestick Patterns That Signal Strong Downturn: Bearish Candlestick A bearish candlestick occurs when the closing price is lower than the opening price, indicating that sellers are dominant and pushing the price down. The body of a bearish candle is often red or black. © The hammer trader
Read moreMaster Bullish Candlestick Patterns for 20%+ Gains: Proven Strategy!
Master Bullish Candlestick Patterns for 20%+ Gains: Proven Strategy! : Bullish Candlestick Pattern Explained A bullish candlestick Pattern represents a period where the closing price of an asset is higher than its opening price. This indicates that buyers were in control, pushing the price higher by the time the period ended. Bullish candles are often ...
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