How to Earn $25 on $100 Daily . Follow this :- (11 candlestick charts 📉) . It will Make You Reach.
1) Hanging Man Candle Charts :-
A hanging man represents a large sell-off after the open which sends the price plunging, but then buyers push the price back up to near the opening price. Traders view a hanging man as a sign that the bulls are beginning to lose control and that the asset may soon enter a downtrend.
2) Hammer Candle Charts :-
The hammer candlestick pattern is a one-of-a-kind candlestick pattern that signals a possible trend reversal. The hammer is associated with the return of a positive trend in the market because it forms a downtrend. It's a short green candle with a lengthy bottom shadow, indicating lower market price rejection.
3) Shooting Star Candle Charts :-
A shooting star candlestick pattern occurs when an asset's market price is pushed up quite significantly, but then rejected and closed near the open price. It could be a possible signal of bearish reversal, meaning an uptrend might not continue.
4) Inverted Hammer Candle Charts:-
The hammer candlestick pattern is a one-of-a-kind candlestick pattern that signals a possible trend reversal. The hammer is associated with the return of a positive trend in the market because it forms a downtrend. It's a short green candle with a lengthy bottom shadow, indicating lower market price rejection.
5) Gravestone Doji Candle Charts:-
The term gravestone doji refers to a bearish indicator commonly used in trading by technical analysts. A gravestone doji is a bearish reversal candlestick pattern that is formed when the open, low, and closing prices are all near each other with a long upper shadow.
6) Dragonfly Doji Candle Charts:-
A Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same.
7) Long Legged Doji Candle Charts:-
The long-legged doji is a type of candlestick pattern that signals to traders a point of indecision about the future direction of a security's price. This doji has long upper and lower shadows and roughly the same opening and closing prices.
8) Rickshaw Man Doji Candle Charts:-
A candlestick shows the high, low, open, and close prices. The rickshaw man candle's open and close are at or very close to the same price level, creating the doji. The high and low are far apart, creating long shadows on the candlestick. This shows indecision on the part of participants in a market.
9) Spinning Top Doji Candle Charts:-
Spinning tops and dojis both represent indecision. Dojis are smaller, with small real bodies and small upper and lower shadows. The spinning top has long upper and lower shadows. Both patterns occur often and are sometimes used to warn of a reversal after a strong price move.
10) Shaven-Head Candle Charts:-
If a candlestick has no upper shadow, traders call it a "shaven head" candlestick. It usually shows that bearish pressures prevail in the market. Alternatively, a candlestick without a lower shadow is known as "shaven bottom". This type of candlestick demonstrates that buyers dominate the market.
11) Marubozu Candle Charts :-
A Marubozu candlestick is a type of candlestick pattern with no shadows, indicating strong buying or selling pressure throughout the trading period. This article will explore the Marubozu candlestick, its structure, types, and how to use it in trading. Key Takeaways.
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