Japanese candlestick patterns are great for technical analysis. They help to understand the market and its changes. Let’s take a look at 10 key bullish patterns:



1. Bullish engulfing. A small red candle followed by a large green one that surrounds it. It seems that the trend is going up.

2. Bullish Harami. Two candles. The small green one inside the large red one. It could be a reversal.

3. Lower clamp. Several candles with equal lows. Like a floor. The drop gets tired, perhaps.

4. Morning star. Three candles. From bearish to bullish, with indecision in between.

5. Morning star doji. Just like the previous one, but the center is a doji. More uncertainty.

6. Abandoned baby bullish. Three candles with gaps. Doji in the middle. The sentiment changes.

7. Three up and out. One down, two up. The second wraps, the third goes up more.

8. Three up inside. One down, one girl goes up inside, then a strong rise.

9. Bullish kicker. A drop and suddenly a strong rise with a gap.

10. Drilling line. A drop, then a rise from below the minimum to the halfway point of the previous one.

These patterns are useful for finding opportunities. But be careful, they are not infallible. It's better to use them alongside other analyses.
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