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Thread: What is candlestick ?

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    BULLISH INVERTED HAMMER: This pattern consists of a black body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bearish Shooting Star but unlike the Shooting Star, the Inverted Hammer appears in a downtrend and signals a bullish reversal.

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    BULLISH HARAMI CROSS: This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body.

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    BULLISH HARAMI: This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. Harami is an old Japanese word for pregnant.

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    BULLISH ENGULFING: This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal...........

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    BULLISH BELT HOLD: Bullish Belt Hold is a single candlestick pattern, basically, a White Opening Marubozu that occurs in a downtrend. It opens on the low of the day, and then a rally begins during the day against the overall trend of the market, which eventually stops with a close near the high, leaving a small shadow on top of the candle. If longer bodies characterize the Belt Hold, then the resistance they offer against the trend will be even much stronger.

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    BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    well based on my opinion i think wax stick is a pattern on trend and in another for all traders
    to get the best profit from the market we just need to trade candle sticks and the more
    you stick wax patterns the more you get to understand the direction of the candle stick trend
    so very useful based on the analysis

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by kuya View Post
    candles is a very good indicator to use to perform analysis, candlestick knowledge then you will quickly
    get the highest returns in the forex market, moreover you should be able to understand the candle pattern you can do with good trading.
    CMIIW
    The three most common types of charts we use and the most important charts are the candle sticks used
    on each pair and gold and silver and any kind of candle wicked candle pattern combination using traders
    and this can be understood and makes the direction of being evil going up and understanding open and closed low.
    good luck best regard

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by sangkur View Post
    A good candlestick is a price representation in graphic form which will certainly help the trader
    to know what the totality of merchant behavior is because it also helps us to know whether
    the bears have a strong influence in the market at any given time or it is the bulls that are in control at any given time as well .
    thank
    candles is a very good indicator to use to perform analysis, candlestick knowledge then you will quickly
    get the highest returns in the forex market, moreover you should be able to understand the candle pattern you can do with good trading.
    CMIIW

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. The Following User Says Thank You to kuya For This Useful Post:

    oray (2017-11-28)

  11. #1089
    Member sangkur will become famous soon enough sangkur's Avatar
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    Quote Originally Posted by duki View Post
    The candle stick charts are on the platform and can be analyzed with stochastic indicators
    one minute or 5 minutes, oh 15 minutes or 30 minutes or 1 hour or weekly or annual UAS and this is only useful for market knowledge.
    CMIIW
    A good candlestick is a price representation in graphic form which will certainly help the trader
    to know what the totality of merchant behavior is because it also helps us to know whether
    the bears have a strong influence in the market at any given time or it is the bulls that are in control at any given time as well .
    thank

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  12. The Following User Says Thank You to sangkur For This Useful Post:

    kuya (2017-11-28)

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