Star Patterns involve three set of candlesticks. This is also part of trend reversal patterns and comes with its own set of rules. In a star pattern, the 1st candlestick is a bullish or bearish candlestick, followed by a candlestick ...
Reversal patterns are those chart patterns which signal a trend reversal in the price of the security. The trend reversal need not be a complete U-turn in prices. Whenever there is a trend reversal, you can expect the old trend ...
The domestic stock market has been in a downtrend for the past few weeks due to a host of reasons and bears have tightened their grip further. Now it is a good time to look at what is a bearish ...
Doji is a candlestick pattern which denotes that neither the buyers nor the sellers are in control and also represents the market’s indecisiveness with respect to price. A Doji candlestick pattern can lead to reversal of trend or the main ...
Candlestick charts are a graphical representation of price movements of a security based on a timeframe. This timeframe can be 1 minute, 2 minutes, 1 day, 1 week, 1 month, etc. So if you select 1 day as the time ...