,INDEX :-
How to read candlestick
charts? Hammer Pattern
Bullish Engulfing
The Morning Star
Piercing Pattern
White Marubozu
Falling Window
Rising Window
Downside Tasuki Gap
Upside Tasuki Gap
Rising Three Methods
Falling Three Methods
Doji
Bearish Counterattack
Tweezer Top
Shooting Star
Bearish Harami
Three Inside Down
Black Marubozu
,Three Black
Crows The
Evening Star
Bearish Engulfing
Dark cloud cover
Three Side Up
Bullish Harami Pattern
Tweezer Bottom
Inverted Hammer
Three Inside Up
On-Neck Pattern
Hanging man
, How to read candlestick charts?
Candlestick charts originated in Japan over 100 years ago when the West
developed bar charts and point-and-figure charts. In the 1700s, a Japanese man
known as Homma discovered that since there was a relationship between price
and the supply and demand of rice, markets were also strongly influenced by
traders' sentiments.
A daily candlestick chart shows the open, high, low and close price of a security
for the day. The wide or rectangular part of the candlestick is called the "real
body" which represents the link between opening and closing prices.
This real body shows the price range between the open and close of that day's
trade.
When the real body is filled, black or red, it means the close is lower than the
open and is referred to as a bearish candle. This indicates that the price opened,
the bears pushed the price down and closed below the opening price.
If the real body is empty, white or green it means the close was higher than the
open which is called a bullish candle. It shows that the price opened, the bulls
pushed the price up and closed above the opening price.
The thin vertical lines above and below the real body are known as wicks or
shadows which represent the high and low prices of the trading session
Upper shadow denotes higher prices and lower shadow denotes lower prices
during the trading session.
How to read candlestick
charts? Hammer Pattern
Bullish Engulfing
The Morning Star
Piercing Pattern
White Marubozu
Falling Window
Rising Window
Downside Tasuki Gap
Upside Tasuki Gap
Rising Three Methods
Falling Three Methods
Doji
Bearish Counterattack
Tweezer Top
Shooting Star
Bearish Harami
Three Inside Down
Black Marubozu
,Three Black
Crows The
Evening Star
Bearish Engulfing
Dark cloud cover
Three Side Up
Bullish Harami Pattern
Tweezer Bottom
Inverted Hammer
Three Inside Up
On-Neck Pattern
Hanging man
, How to read candlestick charts?
Candlestick charts originated in Japan over 100 years ago when the West
developed bar charts and point-and-figure charts. In the 1700s, a Japanese man
known as Homma discovered that since there was a relationship between price
and the supply and demand of rice, markets were also strongly influenced by
traders' sentiments.
A daily candlestick chart shows the open, high, low and close price of a security
for the day. The wide or rectangular part of the candlestick is called the "real
body" which represents the link between opening and closing prices.
This real body shows the price range between the open and close of that day's
trade.
When the real body is filled, black or red, it means the close is lower than the
open and is referred to as a bearish candle. This indicates that the price opened,
the bears pushed the price down and closed below the opening price.
If the real body is empty, white or green it means the close was higher than the
open which is called a bullish candle. It shows that the price opened, the bulls
pushed the price up and closed above the opening price.
The thin vertical lines above and below the real body are known as wicks or
shadows which represent the high and low prices of the trading session
Upper shadow denotes higher prices and lower shadow denotes lower prices
during the trading session.
