*Reversal Patterns:*
1. Hanging Man: Signals a potential downtrend.
2. Shooting Star: Indicates a bearish reversal.
3. Inverted Hammer: Signals a bullish reversal.
4. Hammer: Reverses a downtrend.
5. Morning Star: Confirms a bullish reversal.
6. Gravestone: Signals a bearish reversal.
7. Dragonfly Doji: Indicates a bullish reversal.
*Continuation Patterns:*
1. Long-legged Doji: Signals indecision.
2. Rickshaw Man Doji: Indicates a potential trend continuation.
3. Shaven-head Doji: Signals a bullish continuation.
4. Marubozu: Confirms a trend continuation.
5. Spinning Top Doji: Indicates indecision.
*Understanding Candlestick Patterns:*
- Identify reversals and continuations.
- Enhance your trading strategy.
- Stay informed and adapt to market changes.
*Candlestick Pattern Categories:*
- Reversal patterns (change in trend)
- Continuation patterns (trend confirmation)
- Indecision patterns (market uncertainty)
*Trade with Confidence!*
#JapaneseCandlestick #TradingStrategy #Cryptocurrency #Binance
Or, if you'd like a more concise version:
_Japanese Candlestick Patterns Cheat Sheet_
Reversal:
- Hanging Man
- Shooting Star
- Inverted Hammer
- Hammer
- Morning Star
- Gravestone
- Dragonfly Doji
Continuation:
- Long-legged Doji
- Rickshaw Man Doji
- Shaven-head Doji
- Marubozu
Indecision:
- Spinning Top Doji
