Opening Marubozu Candlestick’s body has no shadows extending from the open price end. It is considered a strong bullish or bearish signal and suggests that there was significant buying or selling pressure from the opening of the day and that the momentum is likely to continue in the same direction.… Read More »Opening Marubozu Candlestick
A bearish closing Marubozu is a candlestick chart pattern indicating that bears have full control of the market, with the stock opening near its high for the day and closing near its low with no upper wick. The main character is a Red body and does not have a shadow… Read More »Bearish Closing Marubozu
A Bullish Closing Marubozu is a candlestick pattern that signals strong bullish sentiment in the market. It is characterized by a long green or white body with no upper or lower shadow, indicating sustained buying pressure throughout the day. The main character is a green body with no shadow at… Read More »Bullish Closing Marubozu
Marubozu is a popular candlestick pattern used in technical analysis, characterized by a long body and no shadow or wick. A Marubozu is a Japanese term that means “bald” or “shaved head,” It describes a candlestick with no shadow or wick. There are two types of Marubozu candlestick patterns: bullish… Read More »Marubozu Candlestick Pattern
The “Three Stars in the South” is a rare bullish reversal candlestick pattern that appears at the end of a downtrend. This pattern consists of three small-bodied candles with long lower shadows that appear consecutively in a downtrend. Here are the characteristics of each candlestickCandlestick | Basic Understanding and construction:… Read More »Three stars in the South candlestick pattern
The Separating Lines candlestick pattern is a neutral pattern consisting of two candlesticks that have the same high or low price level. While it does not give a clear indication of trend continuation or reversal, it can be a useful signal for traders, especially when it occurs after a strong… Read More »Separating Lines candlestick pattern
A hanging man candlestick pattern is a bearish reversal pattern that occurs during an uptrend. It typically consists of a small body with a long lower shadow and little or no upper shadow. However, if you are asking about a hanging man candlestick in a downtrend, it is a bit… Read More »Hanging man candlestick in a downtrend
The Hanging Man is a bearish candlestick pattern commonly used in technical analysis to signal a potential trend reversal. It is formed when a small-bodied candlestick with a long lower shadow appears after an uptrend, indicating that sellers are beginning to outnumber buyers. You can identify the Hanging Man pattern… Read More »Hanging Man Candlestick Pattern
In neck Candlestick Patterns is a type of candlestick pattern that indicates a bearish continuation in a downtrend, suggesting that the downward trend is likely to persist. This pattern forms when a small white candlestick closes just below the low of the preceding long black candlestick. It consists of a… Read More »In neck Candlestick Patterns
On Neck Candlestick Pattern is a two-candlestick pattern used in technical analysis. This chart pattern resembles two candlesticks that seem to be catching each other’s necks. The first red candle appears followed by a green candle that closes on the neckline, which is formed where the two candles finish after… Read More »On Neck Candlestick Pattern