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What is an Inverted Hammer Candle and How does It Work?

The inverted hammer candle looks like a shooting star and is opposite of the hammer candle. An inverted hammer candle has a long shadow candle upside and doesn’t have lower shadow.

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Morning star candlestick pattern

The morning Star candle is a bullish reversal candlestick pattern, which is a combination of 3 candles 1st is a Red candle 2nd is a Doji or star candle red or green, and 3rd candle should be a green candle.  When the market is in an uptrend, the evening Star candle is formed at the upper level near the resistance zone or supply zone, and from there signals a bearish reversal.

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Hammer candlestick pattern

A hammer candle is a bullish reversal candlestick pattern that looks like a hammer, with a small body at the top and a long lower shadow or wick. You'll usually spot these patterns at the bottom of downtrends.  When you see this pattern, it means sellers tried to push prices downside during the intraday trading session, but buyers stepped in and pushed prices back upside down.

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What is the Bullish engulfing candlestick pattern and how to work??

A bullish engulfing candlestick pattern is a bullish reversal candlestick pattern which is the two-candle formation that often signals a strong trend bullish reversal in the market. It happens when a smaller red bearish candle is followed by a larger green bullish candle that completely covers or "engulfs" the previous candle.

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What is Candlestick?

Have you ever felt lost in the sea of financial charts and graphs?  You're not alone. Many investors and traders find themselves puzzled by the complex world of market analysis. But what if there was a simple yet powerful tool that could unlock the secrets of price movements?