Candlestick chart patterns are essential for technical analysis in trading. These patterns provide insights into market sentiment and potential reversals.
Common patterns include the hammer (bullish reversal), shooting star (bearish reversal), doji (indecision), engulfing (reversal), morning star (bullish), and evening star (bearish).
By incorporating these patterns, along with other indicators, Trading expert Growing Capital helps in how to make informed trading decisions for potential entry and exit points.
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