Which are the good candlestick patterns to spot for?

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Charles Groth
Answered 1 year, 8 months ago
<p id="isPasted"><strong>Good Candlestick Patterns:</strong></p><p><strong>Bullish:</strong></p><ul><li><p>Bullish Engulfing:&nbsp;long green engulfing red,&nbsp;potential uptrend.</p></li><li><p>Piercing Line:&nbsp;small red followed by large green closing above halfway, a potential break higher.</p></li><li><p>Morning Star:&nbsp;small red,&nbsp;small green,&nbsp;large green,&nbsp;potential uptrend reversal.</p></li><li><p>Three White Soldiers:&nbsp;3 consecutive green candles closing higher,&nbsp;strong uptrend.</p></li><li><p>Hammer:&nbsp;small body,&nbsp;long lower wick,&nbsp;short upper wick at downtrend bottom,&nbsp;potential buying pressure.</p></li><li><p>Inverse Hammer:&nbsp;small body,&nbsp;long upper wick,&nbsp;short lower wick at uptrend top,&nbsp;potential selling pressure.</p></li></ul><p><strong>Bearish:</strong></p><ul><li><p>Bearish Engulfing:&nbsp;long red engulfing green,&nbsp;potential downtrend.</p></li><li><p>Dark Cloud Cover:&nbsp;large red followed by small green opening above but closing below the previous candle midpoint, a potential break lower.</p></li><li><p>Evening Star:&nbsp;small green,&nbsp;small red,&nbsp;large red,&nbsp;potential downtrend reversal.</p></li><li><p>Three Black …</p></li></ul>