1 of 3 Candlestick Patterns That Pinpoint Reversals.
When I'm analyzing a market, there are only 3 candlestick patterns that I'm worried about.
Over the last decade, they have proven to be the most accurate at confirming entries at the areas I want to trade.
1 - BULLISH REVERSAL CANDLESTICK PATTERN.
The image above shows a bullish reversal candlestick, and you'll notice that it's a singular candle formation.
Here's what a bullish candlestick is telling us:
Price made a new low, but selling pressure very quickly dried up as an increase of buyers entered the market, resulting in the candle closing high off its lows, signaling buying strength.
When I'm analyzing a market, there are only 3 candlestick patterns that I'm worried about.
Over the last decade, they have proven to be the most accurate at confirming entries at the areas I want to trade.
1 - BULLISH REVERSAL CANDLESTICK PATTERN.
The image above shows a bullish reversal candlestick, and you'll notice that it's a singular candle formation.
Here's what a bullish candlestick is telling us:
Price made a new low, but selling pressure very quickly dried up as an increase of buyers entered the market, resulting in the candle closing high off its lows, signaling buying strength.
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