💥.Bearish candlestick patterns are formations on a chart.
Prices indicate potential downward price movements.
Here are some common bearish candlestick patterns:
1👈. Bearish devouring pattern:
This occurs when a small bullish candle is followed by a bearish candle.
A larger bearish trend completely engulfs the previous candle³.
2👈. Evening star:
Three candle pattern where there is a small body candle.
(Star) sandwiched between a large bullish candle and a candle
Big downside³.
3👈. Shooting star:
Single candle with small body near the low of the day
And a long shadow above,
Indicating a possible reversal after an uptrend².
4👈. Dark cloud cover:
A two-candle pattern where a bearish candle opens higher than the
The previous bullish candle closes and closes below the point.
Its middle².
5👈. Bearish Harami:
Two candle pattern where there is a small bearish candle
Inside the body of the previous bullish candle⁵.
These patterns are useful for traders to identify selling opportunities.
potential or to anticipate market repercussions.
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