Spinning Tops
A black or a white candlestick is formed with a small body. The size of shadows can vary. It is interpreted as a neutral pattern but gains more importance when it is part of other formations.........
Marubozu
A long or a normal candlestick (black or white) is formed with no shadow or tail. The high and the low is consisted of the opening and the closing prices. It is considered as a continuation pattern....
Doji:
It is formed when opening and closing prices are virtually the same. The length of shadows can vary. It is considered that doji candlesticks are usually components of many candlestick pattern.....
Gragon Fly Doji:
It is formed when the opening and the closing prices are at the highest of the day. If it has a longer lower shadow it signals more bullish trend. When it appears at market bottom it is considered as a reversal signal....
Gravestone Doji:
It is formed when the opening and closing prices are at the lowest...
Inverted Black Hammer:
A black body is formed in an upside-down hammer position. It is considered as a bottom reversal signal...
See Also
Indian Stocks - Technical Analysis
Support and Resistance
Trend Lines
Japanese Candlestick
No comments:
Post a Comment