In June 1978, Welles Wilder’s article introduced the Relative Strength Index (RSI), which is a widespread oscillator. Mr. Wilder’s book, “New Concepts in Technical Trading Systems,” also
Hammers and Hanging Man patterns Both the hammers and hanging man’s patterns have short body candles. They will have a very small upper shadow or none at
There are some types of single candle patterns in candlesticks’ theory. They are the following: Dragonfly Doji Gravestone Doji Hammers/ Hanging Man Hollow Red Candles Filled Black
In the candlestick theory, there are two main patterns that are continuous, the Falling Three Methods and the Rising Three Methods. Falling Three Methods A long black black day
There are also several types of reversal candlestick patterns within Forex trading, as defined below. Dark Cloud Cover Engulfing Evening Star Harami Morning Star Doji Piercing Line
This section will cover some basic candlestick patterns, but first you should become familiar with some basic candlestick terms. A long candle is a very long
Being an important component of technical analysis, candlestick chart patterns (or terms) have a considerable popularity among forex traders. Users can see chart modules represented
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