candles learn

Bullish Engulfing
- Description: A small red candle is followed by a larger green one that fully engulfs it.
- Significance: Shows strong buying interest, indicating a potential bullish reversal at the end of a downtrend.
---
Bearish Engulfing
- Description: A small green candle is overtaken by a larger red candle that fully engulfs it.
- Significance: Reflects dominant selling pressure, signaling a potential bearish reversal after an uptrend.
---
Dark Cloud Cover
- Description: A green candle is followed by a red one that opens above and closes below its midpoint.
- Significance: Indicates selling pressure and a potential bearish reversal after an uptrend.
---
Cloud Break (Ichimoku)
- Description: Price breaks above or below the Ichimoku cloud.
- Significance: Signals a bullish trend if it breaks upward, or bearish momentum if it breaks downward, indicating a trend shift.
---
Tweezer Top
- Description: Two candles with similar highs form after an uptrend.
- Significance: Shows resistance and weakening buying momentum, hinting at a possible bearish reversal.
---
Tweezer Bottom
- Description: Two candles with similar lows appear after a downtrend.
- Significance: Indicates strong support and suggests a potential bullish reversal.
---
Bullish Harami
- Description: A large red candle is followed by a smaller green one contained within the red’s body.
- Significance: Shows reduced selling pressure, possibly signaling a bullish reversal at the end of a downtrend.
---
Bearish Harami
- Description: A large green candle followed by a small red candle contained within its body.
- Significance: Reflects waning buying interest, suggesting a potential bearish reversal after an uptrend.
---
Division Pattern
- Description: Candles appear split or indecisive, signaling a market transition.
- Significance: May precede a breakout or continuation; traders should look for confirmation.
---
Bullish Counter Attack
- Description: The second candle opens below the previous close and closes near its open, following a downtrend.
- Significance: Indicates buyers stepping in, suggesting a possible bullish reversal.
---
Bearish Counter Attack
- Description: Following an uptrend, the second candle opens higher but closes near the previous close.
- Significance: Shows selling pressure at resistance, potentially signaling a bearish shift.
---
Flying Arrows
- Description: Two consecutive candles moving in the same direction.
- Significance: Represents strong momentum, suggesting a continuation of the current trend.
---
Understanding these candlestick patterns can help identify trend reversals, momentum, and potential entries or exits in trades.
#BTCBreaks84k #HaveYouBinanced #AltCoinRush #EthereumRally