Learn these candles to never face losses💥👇👇
Engulfing Bullish
Description: A small red candle followed by a larger green candle that completely encloses it.
Meaning: It shows strong buying interest, indicating a possible bullish reversal at the end of a downtrend.
Engulfing Bearish
Description: A small green candle is overtaken and completely engulfed by a larger red candle.
Meaning: Reflects predominant selling pressure, indicating a possible bearish reversal after an uptrend.
Dark Cloud Cover
Description: A green candle followed by a red candle that opens above its midpoint and closes below it.
Significance: Indicates selling pressure and a possible reversal to the downside after an uptrend.
Cloud Breakout (Ichimoku Cloud Penetration)
Description: Price breaks above or below the Ichimoku cloud.
Meaning: Indicates an uptrend if it breaks up, or a downward momentum if it breaks down, signaling a trend change.
Grasp Top
Description: Two candles with similar highs form after an uptrend.
Significance: Resistance and weak buying momentum appear, indicating a possible reversal to the downside.
Grasp Bottom
Description: Two candles with similar lows appear after a downtrend.
Significance: Indicates strong support and suggests a possible uptrend reversal.
Bullish Harami (Alcista Harami)
Description: A large red candle followed by a smaller green candle, which lies completely within the body of the red candle.
Meaning: Shows a decrease in selling pressure, which may indicate an upward reversal at the end of a downtrend.
Bearish harami (Bagitian harami)
Description: A large green candle followed by a small red candle, completely inside its body.
Meaning: Reflects a decrease in buying interest, suggesting a possible bearish reversal after an uptrend.
Partition Pattern
Description: Candles appear divided or indecisive, indicating a transition in the market.
Meaning: May precede a breakout or continuation; traders should look for confirmation.
Bullish Counterattack
Description: The second candle opens below the previous close and closes near its open, after a downtrend.
Significance: Indicates the entry of buyers, suggesting a possible upward reversal.
Bearish Counterattack
Description: After an uptrend, the second candle opens higher, but closes near the previous close.
Significance: Shows selling pressure at resistance, which may signal a bearish reversal.
Flying Actions
Description: Two consecutive candles move in the same direction.
Significance: Represents strong momentum, suggesting a continuation of the current trend.
Understanding these candlestick patterns can help you identify trend reversals, momentum, and potential trade entries or exits.
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