A bullish candlestick pattern is a chart pattern used in financial analysis to predict the upward movement of a security's price. Here are some common bullish candlestick patterns:
1. Hammer: A hammer is a bullish reversal pattern that forms when a small body is accompanied by a long lower shadow, indicating a potential bottom.
2. Inverse Hammer: An inverse hammer is a bullish reversal pattern that forms when a small body is accompanied by a long upper shadow, indicating a potential top.
3. Bullish Engulfing: A bullish engulfing pattern forms when a large green candle completely engulfs a small red candle, indicating a strong upward movement.
4. Golden Cross: A golden cross is a bullish pattern that forms when a short-term moving average crosses above a long-term moving average, indicating a potential uptrend.
5. Piercing Line: A piercing line is a bullish reversal pattern that forms when a green candle closes above the midpoint of the previous red candle, indicating a potential bottom.
6. Three White Soldiers: Three white soldiers is a bullish pattern that forms when three consecutive green candles appear, indicating a strong upward movement.
7. Morning Star: A morning star is a bullish reversal pattern that forms when a small body is accompanied by a long lower shadow and a green candle, indicating a potential bottom.
These are just a few examples of bullish candlestick patterns. Remember, candlestick patterns should be used in conjunction with other forms of analysis to confirm trading decisions.