Technical Analysis

Understanding Candlestick Charts for Beginners

Understanding Candlestick Charts for Beginners

Candlestick charts, originating from Japan over 300 years ago, have become an essential tool for traders worldwide. They provide valuable insights into market sentiment and potential price movements. This blog post delves into the basics of candlestick charts, common patterns, their analysis in context, and practical tips for trading using these charts. By the end,

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bullish and bearish harami

Bullish and Bearish Harami: Definitions and Trading Strategies

As a trader, your success depends on your ability to identify chart patterns that can help you capture directional market movements. The bullish and bearish harami candlestick patterns are two such patterns that can provide valuable insight into potential trend reversals. The bullish harami, which consists of a small bullish candle that falls within the

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Shooting Star Candlestick Pattern

Shooting Star Candlestick Pattern: What It Means in Stock Trading, With an Example

What Is a Shooting Star? A shooting star candle or pin bar reversal is a bearish candlestick pattern appearing during an uptrend on a chart. A shooting star tends to have long upper wicks and almost no lower wicks, along with a candle body that is usually small. A shooting star usually happens when a

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