@therealragheehorner: What To Do When You See These Candle Sticks 🕯️ ➤ Bullish Engulfing: Big green candle swallows the previous red one after a decline. Demand is back. Enter on close or wait for the next bar. ➤ Bearish Engulfing: Big red candle swallows the previous green one after a rally. Sellers took over. Enter short on close or next bar. ➤ Hammer: Small body, long tail underneath, forms after a selloff. Buyers stepped in and pushed price back up. Go long if the next candle holds above the hammer's high. ➤ Shooting Star: Small body, long wick on top, shows up after a rally. Sellers rejected the higher prices. Go short if the next candle drops below the star's low. ➤ Morning Star: Three-candle reversal pattern: downtrend, small indecision, and a strong green. Trend turns up. Enter on the third candle’s close. ➤ Evening Star: Also a three-candle reversal pattern: uptrend, small indecision, and a strong red. Trend turns down. Sell on the third candle’s close. ➤ Double Bottom: Price hits a low twice with a bounce in between. Wait for the break above that middle peak before buying. ➤ Double Top: Price hits a high twice with a pullback in between. Wait for the break below that middle low before selling. ➤ Ascending Triangle: Horizontal resistance, higher lows underneath. Buy when price breaks through the top with volume backing it. ➤ Descending Triangle: Horizontal support, lower highs above. Sell when price breaks through the bottom with volume backing it. 👉 Disclaimer: This content is for educational purposes only and is not financial, investment, or trading advice. Past performance does not guarantee future results, and all trading involves risk. Please do your own research or consult a licensed financial professional before making trading decisions. Follow for sector-backed signals, tight risk rules, and a checklist you can run in minutes!

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Monday 20 October 2025 16:04:01 GMT