To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to upgrade your browser.Related Papers The Art of Japanese Candlestick Charting By Yuva raj JAPANESE CANDLESTICK CHARTING TECHNIQUES A Contemporary Guide to the Ancient Investment Techniques of the Far East By Laszlo Erdelyi Candlestick and Pivot Point Trading Triggers Setups for Stock, Forex, and Futures Markets By Malcom Laurence Step-by-Step Analisa Teknikal Swing Trading untuk Pemula By Audrey Verina READ PAPER Download pdf.Hammers are similar to selling climaxes, and heavy volume can serve to reinforce the validity of the reversal.If you continue browsing the site, you agree to the use of cookies on this website.
72 Candlestick Patterns Quick Reference Cards Upgrade Your BrowserIf you wish to opt out, please close your SlideShare account. They can write from scratch according to your instructions.Edit and proofread your paper. 72 Candlestick Patterns Quick Reference Cards Crack At AnAn honest crack at an insiders edge thats so effective its nothing less than performance enhancing for your own bottom line profits. Today this technique is called candlestick charting and is widely used when drawing stock charts. He kept records of the market psychology learning to boost his profits by carefully monitoring prices and not to rushing into trades. ![]() However, candlestick charts are drawn in a much more visually identifiable way typically resembling a candle with wicks on both ends. 72 Candlestick Patterns Quick Reference Cards How To Read CandlestickThe high and low are described as shadows and plotted as a single line.Learning how to read candlestick charts is easy. The price range between the open and close is plotted as a rectangle on the single line. If the close is above the open, the body of the rectangle is white. If the close of the day is below the open, the body of the rectangle is red. More recently in the Western world we refer to the war between bulls and bears. When the bears are winning the war sometimes we hear analysts talk about blood on the street. Both have small real bodies (black or white), long lower shadows and short or non-existent upper shadows. ![]() In addition to a potential trend reversal, hammers can mark bottoms or support levels. The low of the long lower shadow implies that sellers drove prices lower during the session. However, the strong finish indicates that buyers regained their footing to end the session on a strong note. While this may seem enough to act on, hammers require further bullish confirmation. Further buying pressure, and preferably on expanding volume, is needed before acting. Such confirmation could come from a gap up or long white candlestick.
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