๐ฅ Morning Star
A strong signal for a bullish reversal! It forms after a long decline and indicates the beginning of a new upward movement. ๐
๐ Evening Star
A warning of a bearish reversal! It appears after a long rise and signals the start of a price decline. ๐
โ๏ธ Three White Soldiers
A surge in buying power! Three consecutive green candles confirm buyers' dominance. ๐
โ ๏ธ Three Black Crows
Imminent danger! Three consecutive red candles indicate a sharp and relentless decline. ๐
Why are these patterns important?
1. Timing accuracy: They help in intelligently determining entry and exit points.
2. Signal strength: They reflect psychological shifts in the market between greed and fear.
3. Suitable for all traders: Whether you are a beginner or a professional.
Final tip:
Do not rely on them alone! Use them with other tools like moving averages or RSI to enhance accuracy.
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