Doji Candlestick Formation and Significance

doji candlestick candle

Doji candlestick is a pattern in Forex or Cryptocurrency when a commodity opens and closes at the same price range. It is a transitional candlestick and signifies the war between the bull and bears. The Doji candle is usually found at the top or the bottom of an up or downtrend and is considered reversal candlestick. Doji candlestick is one …

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Your Complete Guide to Bearish Engulfing Candle Pattern

The bearish engulfing candle is a reversal pattern and usually occurs at the top of an uptrend. It signals an upcoming bearish movement and compromises two candlesticks to complete the formation. The bearish engulfing pattern is one of the favorite visuals for new and pro traders to make short-term gains or exit the market. The engulfing candle indicator occurs when …

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The Bullish Engulfing Pattern Candlestick Guide

bullish-engulfing-candle-pattern

The bullish engulfing pattern is a reversal pattern compromising of two candlesticks. The pattern helps traders to open long positions and it usually occurs at the bottom of a downtrend. Engulf in literal terms refers to sweep or cover something in a way that it hides completely. Hence, the bullish engulfing candle pattern signals exhausting bears and potential takeover of …

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Succesfully Trading a Cup and Handle Pattern

trading pattern

Cup and handle pattern is a candlestick formation on stock or crypto chart signaling an upward price movement. It is a visual pattern and represents a “U” shape along with a handle. The pattern occurs after a price increase or decrease and indicates an upcoming uptrend.  Investors can easily locate this pattern on a chart and mark their profit targets. …

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Bullish Abandoned Baby Candlestick Pattern

Bullish Abandoned Baby Candlestick Pattern

The bullish abandoned baby candlestick pattern indicates a market reversal and signals a major bottom for the commodity or Cryptocurrencies. It is extensively used by traders to open long positions and determine the support of the stock. It consists of three candles and is similar to morning star formation. Although the pattern resembles the morning star candlestick, there is still …

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The Bearish Abandoned Baby Candlestick

Bearish abandoned baby

Bearish abandoned baby candlestick is a visual formation on stock or Crypto charts and signals a reversal in a bullish period. It has three candles and forms at the peak of a bull trend and is highlighted by increasing selling pressure. The pattern underlines weakening bulls and is a warning sign for traders longing their Cryptocurrency or stock positions. The Bearish …

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Ultimate Guide to Head and Shoulders Pattern

What is Head and Shoulder Pattern

The head and shoulders pattern is a visual formation on stock or a Bitcoin chart that resembles a neckline along with three peaks. The pattern occurs when the market is about to experience reversal either from a downtrend or uptrend. It is one of the widely used reversal candlestick patterns used by Altcoin and Bitcoin traders and continues to provide …

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Morning Star Candlestick Reversal Pattern

Trading Morning star candlestick pattern

Morning star candlestick pattern is a bullish reversal pattern and marks an end to the downtrend. The pattern comprises three candlesticks, and one can easily spot it by looking at the charts. The pattern forms following a downtrend in price and is the opposite of evening star candlestick pattern. Crypto traders or stock analysts usually look for a morning star …

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The Bearish Alert | Evening Star Candlestick Pattern

evening star candlestick reversal pattern formation

Evening star candlestick pattern is a bearish reversal pattern and occurs at top of a bullish trend. It consists of three candles and is the opposite of morning star candlestick pattern.  The evening star candle pattern signifies weakening bulls and strong selling pressure. It provides a great opportunity for individuals to open short positions and profit from the upcoming downtrend. …

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Three White Soldiers Candlestick Pattern

three soldiers candlestick pattern

Three white soldiers candlestick is a bullish pattern that helps to identify a reversal in the downtrend market. It is a visual pattern and suggests a bullish takeover of the underlying commodity or currency. The three white soldiers pattern is common to spot when a stock or Cryptocurrency establishes strong support at a certain price. The pattern shows exhaustion of …

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