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Since everyone is talking about a particular topic, I want to talk about something

How about we talk about the kinds of candlesticks

Good good good morning everyone

To me ooh understanding candle stick in trading is one of the most aultimate

How about we talk about the kinds of candlesticks

Bearish candlestick is a signal that the bears/ sellers are in control and price is going down

These are what the bearish candlestick looks like

How about we talk about the kinds of candlesticks

Candlesticks can generally be grouped according to what they tell us:

1. Bullish Candlesticks 🟢

These show that buyers were stronger than sellers, so the price moved upward.

Examples:

Bullish candle – closes higher than it opened.

Hammer – small body with a long lower wick; can suggest buyers are stepping in after a fall.

Bullish engulfing – a large bullish candle covers the previous bearish candle.

2. Bearish Candlesticks 🔴

These show that sellers were stronger than buyers, so the price moved downward.

Examples:

Bearish candle – closes lower than it opened.

Shooting star – small body with a long upper wick; can suggest selling pressure after a rise.

Bearish engulfing – a large bearish candle covers the previous bullish candle.

3. Indecision Candlesticks ⚖️

These show that neither buyers nor sellers are clearly in control.

Examples:

Doji – opening and closing prices are almost the same.

Spinning top – small body with wicks on both sides.

4.Strong Momentum Candlesticks 💪

These have large bodies and little or no wick, showing strong buying or selling pressure.

Bullish marubozu – strong buying pressure.

Bearish marubozu – strong selling pressure.

A candlestick pattern should not be traded based on its shape alone. Its location on the chart, trend, support/resistance, and market structure matter too.

How about we talk about the kinds of candlesticks

Doji candlestick represents market indecision

Nice

Nice

So in summary...

Bullish candlesticks – Show that buyers are stronger and price may move up.

Bearish candlesticks – Show that sellers are stronger and price may move down.

Indecision candlesticks – Show uncertainty between buyers and sellers.

Momentum candlesticks – Show very strong buying or selling pressure.

I also have a question

What are moving averages in forex?