Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#Gate Alpha晒单挑战 #Gate上线Ondo专区现货交易 #非农就业数据来袭 In addition to the previously mentioned Morning Star, Evening Star, and other combination patterns, common Candlestick combination patterns also include the following.
- Three Black Crows: Composed of three consecutive bearish candlesticks, each closing lower than the previous day's close. Typically appears at the beginning of a downtrend, indicating strong bearish momentum and a bearish outlook for the market.
- Bullish Engulfing: Composed of two bullish candlesticks surrounding one bearish candlestick. The closing prices of the two bullish candlesticks are both higher than the closing price of the bearish candlestick, and the opening price of the bearish candlestick is higher than the closing price of the bullish candlesticks. This is a bullish pattern, indicating that the bulls are in control.
- Bearish Cannon: Opposite to the Bullish Cannon, it consists of two bearish candlesticks sandwiching one bullish candlestick. The closing prices of the two bearish candlesticks are both lower than the closing price of the bullish candlestick, and the opening price of the bullish candlestick is lower than the closing price of the bearish candlestick. It is a bearish pattern, indicating strong bearish momentum.
- Rising Three Methods: Composed of a medium bullish candlestick and three small bearish candlesticks, indicating that although the bulls face resistance, the pullback over consecutive days is not significant, and the market will continue to rise.
- Three Falling Methods: A combination of a medium bearish candlestick and three small bullish candlesticks indicates that the bears encounter resistance midway, but the rebound over several days is not significant, suggesting that the market will continue to decline.
- Dawn Breaking: It is a combination of a bearish candlestick and a bullish candlestick, indicating that the decline meets strong resistance, and the bulls are regaining strength; it is a bullish signal.
- Dark Cloud Cover: It is a combination of a bullish candle and a bearish candle, indicating strong resistance to upward movement, with bears gathering strength again, which is a bearish signal.