๐๐๐๐ก๐ง๐ข๐๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ฉ๐๐ญ๐ญ๐๐ซ๐ง๐ฌ ๐ฎ๐ฌ๐๐ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ญ๐ซ๐๐๐ข๐ง๐ .
1๏ธโฃ Bullish Engulfing - BUY ๐ข
Pattern appears after a downward move in price and signals a possible trend reversal to the upside. It forms when a strong green candle completely covers the previous red candle, showing that buyers have taken control from sellers. This shift in momentum suggests growing buying pressure, and traders often interpret it as a potential buying opportunity once the candle closes and the move is confirmed.
2๏ธโฃ Bearish Engulfing - SELL ๐ด
Pattern forms after an upward move in price and indicates a possible reversal to the downside. It occurs when a large red candle fully engulfs the previous green candle, demonstrating that sellers have overpowered buyers. This pattern reflects increasing selling pressure and is commonly seen as a signal to consider selling or exiting long positions after confirmation.
3๏ธโฃ Ascending Triangle - BUY ๐ข
Is a bullish continuation pattern that develops when price creates higher lows while repeatedly testing a horizontal resistance level. This structure shows that buyers are becoming more aggressive gradually pushing price upward as sellers fail to drive it lower. When price breaks above the resistance level with strong momentum, it often leads traders to consider a buying opportunity, expecting a continuation of the upward trend.
4๏ธโฃ Head and Shoulders - SELL ๐ด
Is a bearish reversal structure that usually appears after a strong uptrend. It is formed by three peaks with the middle peak (the head) higher than the two surrounding peaks (the shoulders). This pattern signals weakening buying strength, and when price breaks below the neckline support it suggests a potential trend reversal to the downside. Traders often view this as a signal to sell or prepare for lower prices.