🚨Learn these candles so you never face any losses💥👇👇
🚨Learn these candles so you never face any losses💥👇👇
Upward swallow
Description: A small red candle followed by a larger green candle that engulfs it completely.
- Significance: Shows strong buying interest, indicating a potential bullish reversal at the end of a downtrend.
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downward scavenging
Description: A small green candle is overtaken and completely engulfed by a larger red candle.
- Significance: Reflects prevailing selling pressure, indicating a potential bearish reversal after an uptrend.
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dark cloud cover
Description: A green candle followed by a red candle that opens above its midpoint and closes below it.
- Importance: Indicates selling pressure and a possible downward reversal after an upward trend.
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Cloud Penetration (Ichimoku)
Description: Price breaks above or below the Ichimoku cloud.
- Significance: Indicates an upward trend if it breaks upward, or a downward momentum if it breaks downward, indicating a change in trend.
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Top of the clips
Description: Two candles with similar highs form after an uptrend.
- Importance: Resistance and weak buying momentum appear, indicating a possible downward trend reversal.
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Bottom of the clamps
Description: Two candles with similar lows appear after a downtrend.
- Importance: Indicates strong support and suggests a possible trend reversal towards the upside.
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Harami is rising
Description: A large red candle followed by a smaller green candle enclosed within the body of the red candle.
- Significance: It shows a decline in selling pressure, which may indicate a reversal of the trend towards the upside at the end of a downtrend.
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Harami is falling
Description: A large green candle followed by a small red candle enclosed within its body.
- Significance: Reflects a decline in buying interest, suggesting a possible downward reversal after an uptrend.
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Partition pattern
Description: The candles appear divided or indecisive, indicating a transition in the market.
- Significance: May precede a breakout or continuation; traders should look for confirmation.
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rising counterattack
Description: The second candle opens below the previous close and closes near its open, after a downtrend.
- Importance: Indicates the entry of buyers, suggesting a possible trend reversal towards the upside.
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Downward counterattack
Description: After an uptrend, the second candle opens higher but closes near the previous close.
- Importance: Shows selling pressure at resistance, which may indicate a downward shift.
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Flying stocks
Description: Two consecutive candles moving in the same direction.
- Importance: It represents strong momentum, suggesting a continuation of the current trend.
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Understanding these candlestick patterns can help identify trend reversals, momentum, and potential entry or exit in trades.
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