92.7% Of People Fail To Find Candlestick Pattern Of The Odd Once🥵

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CANDLESTICK PATTERNS CAN BE BULLISH OR BEARISH
In order to recognize and apply the most commonly used candlestick patterns to a trading strategy, traders need to understand how the inclination of these patterns can affect the market direction (trend). The tables below summarize the two main categories of price movement that candlesticks can indicate.

#HammerCandlestick : Traders in the financial markets often make use of candlesticks as a great visual aid to analyse and monitor what a particular price has done within a certain time period

#BullishEngulfing : The bullish engulfing candle signals reversal of a downtrend and indicates a rise in buying pressure when it appears at the bottom of a downtrend.

#HangingMan : Hanging man is a bearish reversal candlestick pattern that has a long lower shadow and small real body.

#SpinningTop : Spinning top candlestick is a pattern with a short body between an upper and a lower long wick. The spinning top illustrates a scenario where neither the seller nor the buyer has gained.

#BullishHarami : It’s just a chart pattern, designed as candlestick, which indicates the market trend and helps the trader or investor predict the market based on forward or reverse (in simple terms, if its profit or loss).

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