Can you spot the setup before the candle even closes?
The Morning Star shows a big red candle, a tiny indecision candle, then a strong green candle signaling a reversal up. The Hammer has a small body up top and a long lower wick, showing buyers slammed the price back up.
The Piercing Line is a green candle opening low then closing above the red candle's middle, hinting buyers are stepping in. Rising Three Methods shows a big green candle, three small pullbacks, then another big green candle confirming the uptrend.
The Inverted Hammer has a small body at the bottom and a long upper wick, showing buyers testing higher after a drop.
Read the full plain English breakdown with the chart.
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