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As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders. There are many patterns ...
To read Japanese candlestick patterns, you'll need to familiarise yourself with three elements on each candle: its colour, its body and its wick. Its colour tells you the direction of movement within ...
Candlestick patterns are crucial to understanding the stock market, but where did the concept come from and what do you need to know? Candlestick charts have been used as far back as the 1800s!
Today’s price decline created a candlestick pattern called a “three river evening star”. It can be seen on the daily Japanese candlestick chart of gold futures. In yesterday’s article, the primary ...
XRP price action develops two consecutive inside-bar daily candlesticks. Rare and powerful bullish reversal pattern in development, confirmation still needed. Downside risks remain but are likely ...
Japanese candlestick patterns are motifs that appear on trading charts. Technical traders believe that you can use them to predict future price action – which makes them useful for finding new ...