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MMBTtrader
Mar 17, 2021 8:59 AM

Candlesticks Reversal patterns (most important one )Β Education

Bitcoin / U.S. dollarBitstamp

Description

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Hi and welcome to this educational post:

Here is some of the important Reversal Candlestick patterns :

1.Hammer :
we can say lower Shadow is at least twice size of body and body close and open points are near each other (small body) and the candle formed like a hammer and beacuse of this we call that ... and hammer has high reversal potential to upside
example on XAUUSD:


2.Bullish Engulfing :
here we have two candle reversal patterns that second candle completely cover or engulfs first candle body (shadows of first candle is not important here that engulfed or not )
example on XAUUSD:


3.Morning Star :
three candlestick pattern that change downtrend and is a start of climbing chart to the moon 😁🌜
the second candle is an important time which bear change place with bull market and two other candles are some how with long body
Example on EURUSD:


4.Three White Soldier :
shouldn't have large shadows and consists of three consecutive long candle and has high potential as a reversal pattern
Example on BTCUSD :


5.Inverted Hammer :
shown at the bottom of falling and has high potential and showing us start of Bullish market
again like hammer small body and long shadow this time the upside shadow

6--7--8--9--10 is exactly reverse of this candles and patterns if you saw these candlestick patterns on any currency cryptos or stocks share with us and let us know and enjoy

<< Comment below and let me know your opinion about this tutorial >>
<<Press likeπŸ‘ if you enjoyπŸ’š>>

Comment

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Reversal pattern is here too:

Comments
ManhSonBui
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Yeah my friend, very helpful for me. Thanks for sharing. Keep going!
MMBTtrader
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@ManhSonBui, thanks a lot friend and thanks for kind word that means a lot
otaku-trader
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i share as you said

thanks for educational post i like them most
MMBTtrader
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@otaku-trader, yup well done dear otaku and thanks i need you all provide example here that we can use and enjoy and learn these better

no more find to share ?
otaku-trader
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@MMBTtrader,


i look at gbpusd chart and find this interesting
MMBTtrader
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@otaku-trader, πŸ‘πŸš€πŸ’š
InkyGrip
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agree with you πŸ™πŸ»πŸ¦πŸ‘πŸ»
MMBTtrader
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@plancton0618, thanks a lot

and which one you think has high potential or which one is most common ?
InkyGrip
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@MMBTtrader, Engulfing on the support
MMBTtrader
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@plancton0618, interesting and thanks πŸ’šπŸ‘
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