To predict the rise in the price of a currency through candlesticks, here are the key bullish signals that appear on the chart and indicate the likelihood of an increase: 1. Bullish Reversal Candles ( at the bottom ): Hammer ( hammer ) A small upper body and a long lower shadow, appearing after a drop with a bullish reversal possibility. Bullish Engulfing (Bullish Engulfing ) A green candle completely engulfs the previous red candle, indicating a strong reversal. Morning Star (Morning Star ) Three candles: a long red candle, a small ( doji or others ), then a long green candle, a signal of upward movement. 2. Bullish continuation candles ( during the trend )
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To predict the rise in the price of a currency through candlesticks, here are the key bullish signals that appear on the chart and indicate the likelihood of an increase:
1. Bullish Reversal Candles ( at the bottom ):
Hammer ( hammer )
A small upper body and a long lower shadow, appearing after a drop with a bullish reversal possibility.
Bullish Engulfing (Bullish Engulfing )
A green candle completely engulfs the previous red candle, indicating a strong reversal.
Morning Star (Morning Star )
Three candles: a long red candle, a small ( doji or others ), then a long green candle, a signal of upward movement.
2. Bullish continuation candles ( during the trend )