Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
What Are The Candlesticks Patterns Part I
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="moonchild, post: 279576, member: 57467"] Candlesticks let us read meaning to the chart, they simplify how the market moves and also gives us an easy way to know what's going on and also make decision on the fly on whether we should enter a trade or we should hold on, In this short article I'll be touching on how you can recognize these patterns and to also take advantage of them. Bullish Engulfing Candle: This type of pattern is the one where there is a small sized red candle, being slammed by a bigger and taller green candle, when this happens at support, it means trend is changing and you should hop in for a buy and if it happens when you're in a sell market, you should actually get out. Ascending Triangle: This type of pattern happens when a trend is exhausted and is grouping to change dimension or direction, if it happens on an Uptrend, don't exit, but when it happens on a Downtrend is time to exit else, it will go back to your entry point and draw down will begin. Maybe I'll make this into a series post because I can't cover the whole common Candlesticks patterns in just two hundred words. So see you in part two. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
What Are The Candlesticks Patterns Part I
Top