Candlestick Patterns
Successful trading starts with ability to read candlestick patterns which consist of bullish and bearish candles. Each candle on the chart tells its own story and represents battle between buyers and sellers in particular timeframe.
Candlesticks build patterns that may predict price direction once completed.
Every candle, doesn´t matter if it is bullish or bearish, has these four common parameters: Open price, Close price, High and Low. These parameters define whether the candle is Bullish (Close price is higher than Open price) or Bearish (Close price is lower than Open Price).
The most common graphic expression used by exchanges is green color for Bullish candle and red color for Bearish candle.
Bullish Candlestick Patterns
Bullish Candlestick Patterns represent combination of candles which usually indicate price action toward uptrend.
Usually it occurs in combination of few bearish (red) candles followed by bullish (green) candle.
Although candlestick patterns has great ability to find price reversal situation they work the best in combination with oscillators or other technical indicators.
Bullish Engulfing Candle
ZEUS will send you an alert describing market conditions.
The real example of Telegram message:
15m #DOGE/USDT Bullish Engulfing
On the picture you can see how our Members received the alert to their private Telegram chat with ZEUS Bot and right after the Bullish Engulfing occurred the market turned to the upside.
OUR TIP: before you enter the trade and to avoid false signals always check other indicators which confirm bullish market conditions or use our Bullish Candlestick Setups.
Bullish Hammer Candle
ZEUS will send you an alert describing market conditions.
The real example of Telegram message:
15m #LINK/USDT Bullish Hammer
On the picture you can see how our Members received the alert to their private Telegram chat with ZEUS Bot and right after the Bullish Hammer occurred the market turned to the upside.
OUR TIP: before you enter the trade and to avoid false signals always check other indicators which confirm bullish market conditions or use our Bullish Candlestick Setups.
Bullish Inverted Hammer Candle
ZEUS will send you an alert describing market conditions.
The real example of Telegram message:
1h #BCH/USDT Bullish Inverted Hammer
On the picture you can see how our Members received the alert to their private Telegram chat with ZEUS Bot and right after the Bullish Inverted Hammer occurred the market turned to the upside.
OUR TIP: before you enter the trade and to avoid false signals always check other indicators which confirm bullish market conditions or use our Bullish Candlestick Setups.
Bearish Candlestick Patterns
Bearish Candlestick Patterns represent combination of candles which usually indicate price action toward downtrend.
Usually it occurs in combination of few bullish (green) candles followed by bearish (red) candle.
Although candlestick patterns has great ability to find price reversal situation they work the best in combination with oscillators or other technical indicators.
Bearish Engulfing Candle
ZEUS will send you an alert describing market conditions.
The real example of Telegram message:
15m #SOL/USDT Bearish Engulfing
On the picture you can see how our Members received the alert to their private Telegram chat with ZEUS Bot and right after the Bearish Engulfing occurred the market turned to the upside.
OUR TIP: before you enter the trade and to avoid false signals always check other indicators which confirm bearish market conditions or use our Bearish Candlestick Setups.
Bearish Shooting Star Candle
ZEUS will send you an alert describing market conditions.
The real example of Telegram message:
15m #SOL/USDT Bearish Shooting Star
On the picture you can see how our Members received the alert to their private Telegram chat with ZEUS Bot and right after the Bearish Shooting Star occurred the market turned to the upside.
OUR TIP: before you enter the trade and to avoid false signals always check other indicators which confirm bearish market conditions or use our Bearish Candlestick Setups.
Bearish Hanging Man Candle
ZEUS will send you an alert describing market conditions.
The real example of Telegram message:
5m #MATIC/USDT Bearish Hanging Man
On the picture you can see how our Members received the alert to their private Telegram chat with ZEUS Bot and right after the Bearish Hanging Man occurred the market turned to the upside.
OUR TIP: before you enter the trade and to avoid false signals always check other indicators which confirm bearish market conditions or use our Bearish Candlestick Setups.
