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Easy way to learn candle patterns?
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<p id="isPasted">Every candle has its theory. Normally if the close is below the open a red candle is formed and when the close is above high a green candle is formed. When close and open are at almost the same position a doji is formed.</p><p>The most powerful bullish candlestick is Moribazo, where open is the low and close is the high.</p><p>The wick or shadow is very powerful and gives you an idea of the rejection level on either side. The bigger the wick the stronger the conviction.</p><p>Whenever you are reading a candle stick pattern combine 2–3 candles on …</p>
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<p id="isPasted">You can start with just 5 patterns (the most effective ones)</p><p>These five alone are enough for profitable trading:</p><p><strong>1. Bullish Engulfing</strong></p><p>Signal: Buyers take full control.</p><p>Great for reversal trades.</p><p><br></p><p><strong>2. Bearish Engulfing</strong></p><p>Signal: Sellers dominate.</p><p>Great at resistance.</p><p><br></p><p><strong>3. Pin Bar / Hammer / Rejection Candle</strong></p><p>Signal: Strong rejection of price.</p><p>Works well at support/resistance.</p><p><br></p><p><strong>4. Inside Bar</strong></p><p>Signal: Consolidation before breakout.</p><p>Good for trend continuation.</p><p><br></p><p><strong>5. Breakout Candle (Marubozu)</strong></p><p>Signal: Strong momentum.</p><p>Great for entering trends.</p><p><br></p><p>Master these before learning anything else.</p>