Reversal Patterns Simplifiedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

#Candlestick
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">There are two types of reversal patterns in candlestick
1.Bullish https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐂" title="Ox" aria-label="Emoji: Ox">
2.Bearish https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐻" title="Bear face" aria-label="Emoji: Bear face">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">Bullish reversal pattern mostly occurs in downtrend or during intermediate corrections of uptrend,
Vice Versa for Bearish reversal pattern

1/n

Reversal Patterns Simplifiedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

Bullish https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐂" title="Ox" aria-label="Emoji: Ox">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">Some common bullish reversal patterns identifed by traders on charts are
1.Bullish Engulfing
2.Three White Soldiers
3.Morning Star
4.Piercing Line
5.Inverted Hammer
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">All patterns to be confirmed with price move & other indicators

2/n

Reversal Patterns Simplifiedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

Bullish Engulfing
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">Its a reversal pattern in which second candle (Green) completely engulfs the real body of the first(Red) candle
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">On the second day price opens lower than the previous day low & close above previous day high

3/n
#Candlestick

Reversal Patterns Simplifiedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

Three White Soldiers
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">It consists of 3 long green candles with consecutive closes above yesterday& #39;s low
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> Each candle opens higher than the previous open and closes near the high of the day
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">It appeares in downtrend or after consolidation

4/n

Reversal Patterns Simplified https://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

Morning Starhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🐂" title="Ox" aria-label="Emoji: Ox">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> It consists of 3 candles: one small candle (doji) between a preceding long red candle and a succeeding long green one.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">This pattern comes with a bullish ray of hope in downtrend
Example - #Nifty made MS pattern near 7500

5/n

Reversal Patterns Simplifiedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

Piercing Linehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🐂" title="Ox" aria-label="Emoji: Ox">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> Its a pattern in which first long red candle is followed by a green candle that opens lower than the previous close &
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">On the second day it closes above the halfway mark or more into the real body of previous day red candle

6/n

Reversal Patterns Simplifiedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

Inverted Hammerhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🐂" title="Ox" aria-label="Emoji: Ox">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">It a bullish reversal pattern occurs near a bottom of the downtrend
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">It consists of short candle with a longer lower shadow & small body
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle">Next few days candles must be watched for better confirmation

End of Thread
Thanks https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Folded hands" aria-label="Emoji: Folded hands">