How Do I Analyze Candles Patterns Strategy?
How Do You Trade Candles Patterns Strategy?
The List of Candles Patterns Strategy - Types of Candlestick Patterns Examples
The List of candlesticks patterns strategy used to trade Forex - The top 10 most often used candlesticks patterns strategy used to trade the online market.
Forex Candles Patterns Strategy
Doji is a candlestick pattern with same opening & closing price. There are various types of doji candlesticks pattern that form on charts.
The following examples explain various patterns of the doji candle:
Long-legged doji Candlestick Patterns Strategy has long upper and lower shadows with opening and closing price at the middle. When Long-legged doji pops up on a chart it demonstrates indecision between the traders, the buyers and the sellers.
Shown Below is example of Long Legged Doji candlesticks pattern
Doji Candlestick Pattern
Doji Candle Pattern
FX Candles Patterns Strategy
Marubozu Candlestick Patterns Strategy are long candlesticks that have no upper or lower shadows, Like the examples shown below.
Marubozu Candles Pattern
Marubozu Candlestick Patterns Strategy are continuing candlestick patterns which show price is going to continue in same direction as that of the marubozu candle. The marubozu candlesticks pattern can be white/blue or Black/red depending on direction of the market trend.
FX Candles Patterns Strategy
Spinning tops Candlestick Patterns Strategy have a small body with long upper and lower shadows. The spinning tops candlesticks patterns strategy are referred to by this name because they are similar to spinning tops on a match-stick.
The upper and lower shadows of the spinning tops candlesticks pattern are longer than the body. The example below shows the spinning top Candlestick Patterns Strategy. You can look for pattern setup on your Meta Trader 4 charts. The example below shows a screenshot to help traders when it comes to learning and understanding these Candlestick Patterns Strategy.
How Do You Read Candle Charts
The color of spinning tops candle candlesticks pattern is not very important, this pattern show the indecision between the buyers and the sellers in the market. When these chart patterns appear at the top of a market trend or at the bottom of the market trend it may signify that the market trend is coming to an end and it may soon reverse and start going in the other direction. However, it is better to wait for confirmation signals that the direction of a instrument has reversed before trading the signal from the Candlestick Patterns Strategy formation.
FX Candles Patterns Strategy
Hammer Candle Pattern and Hanging Man Candle Pattern candle-sticks look alike but hammer is bullish reversal Candlestick Patterns Strategy & hanging man is a bearish reversal Candlestick Patterns Strategy.
Hammer Candle Pattern and Hanging Man Candle Pattern Candles Pattern Forex Using Candle Patterns
Forex Candles Patterns Strategy
Hammer Candle Pattern is a potentially bullish candle pattern which forms during a downward trend. It is named so because the market is hammering out a bottom.
FX Candles Patterns Strategy
This hanging man Candlestick Patterns Strategy is a potentially bearish reversal which happens during a upwards trend. It is named so because it looks like a man hanging on a noose up high.
Hanging Man Candlestick Pattern
Forex Candles Patterns Strategy
This is a bullish reversal Candle Patterns Strategy. It forms at the bottom of a market trend.
Inverted hammer Candle-stick Pattern occurs at the bottom of a downward trend & indicates the possibility of a reversal of the down-wards trend.
Inverted Hammer Candle Pattern
Forex Candles Patterns Strategy
Shooting Star is a bearish reversal Candle Patterns Strategy. It forms at the top of a market trend.
Shooting Star Candle Pattern occur at the top of an upwards trend in the market where the open price is the same as the low and FX price then rallied upwards but was forced back downwards to close the open.
Shooting Star Candlestick Forex Using Candle Patterns
FX Candles Patterns Strategy
Piercing line candlestick patterns strategy is a long black body followed by a long white body candlestick.
The white body pierces the mid point of previous black body.
This Piercing Line Candle Patterns Strategy is a bullish reversal Candlestick Patterns Strategy that occurs at the bottom of a market downward trend. It shows that the market opens lower & closes above the midpoint of the black body.
This Piercing Line Candle Patterns Strategy shows that the momentum of the downward trend is reducing and trend is likely to reverse & move in an upwards direction.
This Piercing Line Candle Patterns Strategy is shown known as a piercing line signifying the market is piercing the bottom illustrating a market floor for the instrument price downwards trend.
Piercing Line Candle Pattern Using Candle Patterns
Forex Candles Patterns Strategy
Opposite of the piercing candlestick candlestick.
This candlestick is a long white body followed by a long black body.
The black body pierces the midpoint of the prior white body.
This is a bearish reversal patterns strategy that occurs at the top of an upwards trend.
Dark Cloud Cover Candlestick Pattern that the market opens higher and closes below the midpoint of the white body.
Dark Cloud Cover Candle Patterns Strategy shows that the momentum of the upward trend is reducing and trend is likely to reverse & move in a down-wards trade direction.
Dark Cloud Cover Candle Patterns Strategy is shown known as a cloud cover signifying the cloud as a ceiling for the instrument price up-wards trend.
Dark Cloud Cover Candlestick Pattern
Forex Candles Patterns Strategy
Morning Star Candle Pattern Using Candle Patterns
Forex Candles Patterns Strategy
Opposite of morning star candlesticks pattern
Evening Star Candle Pattern Using Candle Patterns
Forex Using Candle Patterns
Engulfing is a reversal Candlestick Patterns Strategy that can be bearish or bullish depending upon whether it appears at the end of a market downward trend or at the end of a market upwards trend.
Bullish & Bearish Engulfing Candlesticks Patterns Forex Using Candle Patterns
Candle Charts - Forex Trade Strategies Using Candles - Forex Using Candle-stick Patterns - Candles Patterns Strategy
How Do I Analyze Candles Patterns Strategy?
