Candlestick Patterns for Trading

 Some Candlestick patterns are most used by intraday traders and scalpers to predict small market swings, among which are the Three White Soldiers, Three Black Crows, and the Doji Pattern. These patterns reflect market psychology and momentum shifts.


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Three White Soldiers Pattern
This candlestick pattern gives trader a buy signal and is a trend reversal signal. It appears after a downtrend and consists of three consecutive big green candles that are progressive in nature and generally close higher than each other.

It shows :
Change in trend from bearish to bullish.
Strong buyers entry

🔻 What Are the Three Black Crows?
The opposite of Three White Soldiers, the Three Black Crows pattern consists of three consecutive long-bodied red (or black) candles that close lower each day. This pattern typically forms after an uptrend and suggests bearish momentum taking over. Each candle opens within previous body but closes lower signalling traders are exiting long positions and consider shorting the security.
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