The Bullish Engulfing Pattern is a reversal pattern that occurs at the end of a downtrend. It consists of a small bearish candle followed by a larger bullish candle that engulfs the previous candle, suggesting a potential bullish reversal.
A Hammer is a single candlestick pattern that appears after a downtrend. It has a small body with a long lower shadow and little to no upper shadow, indicating potential bullish reversal.
The Bullish Doji Star is similar to the Morning Star but has a doji (a candle with an open and close that are very close) in the middle, indicating indecision followed by a bullish candle.
The Bearish Engulfing Pattern is a reversal pattern that occurs at the end of an uptrend. It consists of a small bullish candle followed by a larger bearish candle that engulfs the previous candle, suggesting a potential bearish reversal.
A Shooting Star is a single candlestick pattern that appears after an uptrend. It has a small real body near the bottom of the candlestick, with a long upper shadow, indicating potential bearish reversal.
The Hanging Man is a single candlestick pattern that signals potential bearish reversal. The Hanging Man pattern forms when there is a significant price move to the downside during the trading session.
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