Tweezer Bottom Two candles with identical or nearly identical lows Reversal pattern, indicating uptrend Buy signal Suggests bulls are taking control
Tweezer Top Two candles with identical or nearly identical highs Reversal pattern, indicating downtrend Sell signal Suggests bears are taking control
Key points: Tweezers indicate a pause in trend Two-candlestick pattern Confirmation from other indicators recommended Useful for identifying trend reversals These patterns hel
Bullish Harami Large bearish candle followed by a smaller bullish candle Indicates reversal from downtrend to uptrend Buy signal Suggests bulls are taking control
Bearish Harami Large bullish candle followed by a smaller bearish candle Indicates reversal from uptrend to downtrend Sell signal Suggests bears are taking control
Key points: Harami means "pregnant" in Japanese, indicating a reversal Two-candlestick pattern Contrarian indicator (opposite of prevailing trend) Requires confirmation
This is the first post of the below picture. Almost in 3 parts we hav divided it.
BULLISH PIN-BAR :
What is a Pin-Bar? A Pin-Bar, also known as a "Pinocchio Bar," is a candlestick pattern with a small body and long tail, resembling a pin. It indicates rejection of a price level.
Bullish Pin-Bar: A Bullish Pin-Bar forms when: 1. The market is in a downtrend or consolidation. 2. The candle opens near the high. 3. The price drops significantly (forming the long tail). 4. The price then reverses,