We’ll cover both bullish ... lower shadow, emerging after an uptrend. This pattern indicates that the market could be on the verge of reversing and moving downward. Double candlestick patterns ...
The piercing line candlestick pattern is ... and the currently elaborated bullish piercing. Piercing lines describe those candles with no upper shadow; generally speaking, these occur after ...
When a Spinning Top is formed in an uptrend ... a large black candle with no wicks on either end. This candle is considered to be an very bearish. Abandoned Baby Bottom is a bullish reversal ...
Candlestick patterns ... candle patterns is that there’s no upper shadow present on any of these candles. This pattern consists of three consecutive bullish candles, where each one has a ...
The central part of the candlestick, or the body, represents the difference between the security's opening and closing prices. The upper shadow or ... the security is bullish or bearish.