📘 Crypto Basic Lesson :- 5
Topic: Candlestick Patterns for Beginners
Candlestick patterns are visual representations of price movements that help traders predict market behavior.
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🔹 Key Patterns:
1:- Doji – Price opens and closes at almost the same level
Indicates market indecision
2:- Hammer / Hanging Man – Small body, long lower wick
Hammer: Bullish reversal (after downtrend)
Hanging Man: Bearish reversal (after uptrend)
3:- Engulfing Pattern – One candle completely engulfs the previous candle
Bullish Engulfing: Uptrend signal
Bearish Engulfing: Downtrend signal
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📌 Why Candlestick Patterns Matter:
Spot potential reversals
Confirm trend continuation
Help set entry, stop loss, and take profit
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