Summary: Japanese candles and favorable patterns

Summary: Japanese candles and favorable patterns
A surprise! We have learned the basics of Japanese candles and also crossed the advanced methods, such as how to use them as strategies while trading in Forex.

Let's get a brief summary of all classes, we've learned about Japanese candlesticks and all single, double and triple core strategies

Summary: Japanese candles and favorable patterns

List of all major Japanese candlestick patterns

Single Candlestick Chart Patterns

Bullish Marubozu

A bullish Marubozu is a chandelier white or green with a body in real time without shadow. The opening price is the lowest price and the closing rate is the highest price of the candle. A bullish Marubozu reflects a high demand in the market resulting in intense pressure buying, even in a continuous price increase. A bullish Marubozu is often seen at the beginning and/or continuation of a bullish trend and also in times of immediate bullish reversals.

Bearish Marubozu

A bass is a red Marubozu black or candlestick with a real-time without shadow. The opening price is the highest price, and the closing rate is the lowest price of the candle. A bassist Marubozu reflects a large variety in the market resulting in intense sales pressure, even at a price of continuous decline. A bassist Marubozu is often seen at the beginning and/or continuation of a trend and also in times of immediate bearish reversals.

Spinning tops

A spinning Top is a chandelier warning, formed after the great battle between the Bulls and the bears with someone by hand, as a result, indecision could be market prices moving in the opposite direction or sideways.

Doji

A Doji candlestick is the result of an intense battle between bulls and bears with everyone who is the overhand and ultimately resulting in a tie, as a result, indecision can move the market prices in the opposite direction or sideways.

Martell

The hammer is a candlestick and investment fund has a small real body at the top, or the real body is only slightly lower than the height of a chandelier and the size of the lower shade is about more than the double dimension of the real body. More is the length of the shadow below, most is the powerful hammer lance. The color of a hammer is not important because a hammer reflects the bullish market sentiment, ie a long shadow below gives the information that the bulls are getting stronger and preparing to take the initiative.

Badr Bass

The guy who has a top and reversal Candlestick has a small real body at the top, or the real body is only slightly lower than the height of a chandelier and the size of the lower shade is about more than the double dimension of the real body. More is the length of the shadow below, the more powerful the Lance man is. The color of the hung man is not important because a man hanging reflects the bearish market sentiment that is to say, a long shadow below gives the information that the bears are getting stronger and prepare themselves to take the initiative.

Bullish Reverse Hammer

The reverse hammer is a candlestick and investment fund has a small real body at the bottom, or the real body is only a little higher than the bottom of a chandelier and the size of the shade is over more than the size of the real body The double lake is the length of the shade higher, the more powerful is the reverse hammer lance. The reversed hammer color is not important because an inverted hammer reflects the bullish market sentiment, i.e. a long upper shadow provides the market information that the bulls are getting stronger and preparing to take the initiative Take.

Shooting Star

The Falling star is a candlestick to invest and has a small real body at the bottom, or the real body is only a little higher than the bottom of a chandelier and the size of the shade is over more than the size of the real body double Lake I s the length of the shadow higher, the more lance-star shooting is powerful. The color of a shooting star is not important because a shooting star reflects the feel of the bear market, that is, a long upper shade provides the market information that the bears are getting stronger and preparing to take the initiative.

Double candlestick Chart Patterns

Drilling pattern

A pervasive pattern is a bullish reversal pattern formed in the trough of a swing in price. In a declining trend, when the low price and the lowest price level, as a bullish candlestick is formed through deep in a minimum of 50% in the price levels of a bearish candlestick before fort, as a result, we get a piercing Lance, the deeper the bearish candlestick preceding crossing, more penetrating and powerful candlestick pattern is provides information that the bulls are getting stronger and are willing to take the initiative.

Dark clouds cover

A dark cloud is a bearish candlestick pattern cover investment formed in height of a swing in price. In a bullish trend, when the price is progressing continuously and at the highest price, as a bearish candlestick is formed and penetrates deeply to a minimum of 50% in the price levels of a bullish candlestick before fort, as a result, we get a dark cloud cover Pattern can dlestick, the deeper the previous bullish candlestick, more immediate is the dark cloud covered the Lance-powerful and provides information that the bears are now becoming stronger and are willing to take Take .

Add the bullish

A pattern is a bullish reversal pattern awash in the background. In a declining trend, when the low price and the lower price level, as a strong and great bullish candlestick is formed immediately after the bearish Candlestick and is completely surpasses the previous bearish candlestick, as a consequence, We get A bullish add Lance. More bullish candlestick is the second bigger and more powerful than the first bassist; More bullish candlestick pattern is engulfed vigorously and provides information market now that the bulls are powerful and are willing to push prices.

Bassist of flooding

A bearish pattern floods is a pattern of higher investment. In a bullish trend, when the price is progressing continuously and at the highest price, as a powerful and great bear chandelier is made immediately after the candlestick bullish and is completely surpasses the previous bullish candlestick, as result, we get A bass player add the Lance. More is the second largest and most powerful candlestick bearish than bullish first; More bearish Engulfing candlestick pattern is vigorously and provides the market information now that the bears are powerful and are ready to draw the prices.

Mohamad bullish

A bullish reversal pattern Mohamad is a background. In a declining trend, when the low price constantly and at the lowest level, as a small real body bullish candlestick price (like a spinning Top and Doji) will form a strong and large chandelier bearish, as a result, we obtain a Mohamad bullish cross. Deeper is the second bullish candlestick closing at the price levels of the first strong and large chandelier bassist; More bullish is the powerful data and offers Cross Mohamad market bulls are getting stronger and are willing to take the initiative.

Mohamad bass

A bass is a top investment pattern Mohamad. In a bullish trend, when the price is progressing continuously and at a higher price level, as a small real body bearish candlestick (like a spinning Top and Doji) will form a strong bullish candlestick and, as a result, we get a bass player Mohamad cross. Deeper is the second bassist candlestick closing price levels of the first strong and great candlestick bullish, bearish Cross is the most powerful market information and Mohammed that the bears are getting stronger and are willing to take the initiative.

Triple Candlestick Chart Patterns

Morning star

A morning star Lance is a pattern of reversion of funds formed by the combination of 3 candles in a downtrend as a small chandelier as a spinning Top or a Doji formed after a strong bearish candlestick and followed by a Strong bullish candlestick as a result, get a small star twinkling in the morning that reflect market data that is a final night and get ready for a fresh new morning because a small chandelier reflects the indecision in the market and the bullish candlestick reflect the increase in the pressure to buy.

READ :

• Summary: Japanese candles and favorable patterns
• Formation of a Japanese candlestick and what are the features and benefits
• Understanding different types of candles

Star of night

Evening star candlestick pattern is a pattern of higher investment formed by the combination of 3 candles in a bullish trend as a small chandelier as a spinning top or a Doji formed after a strong bullish candlestick and followed by a strong Bearish candlestick, as as a result, we can get a small star twinkling evening reflects the market information that is over and get ready to enjoy the beautiful night, because a small chandelier reflects the indecision in the market and the bearish Candlestick reflect increasing selling pressure.

Up to three

Three inside up is a pattern of bullish reversal. In a declining trend, as a bullish candlestick of good-sized formed after a strong bearish candlestick and followed by another strong bullish candlestick, as a result, we get a three in the candlestick pattern that reflects the market information that bears have tried the best in pulling prices lower, but for some reason the Bulls have responded very strong and built two consecutive bullish chandeliers of good sizes breaking the high of the Last strong bearish candlestick and the increase in driving on the purchase pressure, a possible investment and/or market indecision can lead to price moves in the opposite direction or sideways.

Three inside down

Three inside down is a bearish reversal pattern. In a bullish trend, as a bearish candlestick good-sized formed after a strong bullish candlestick and followed by another strong bearish candlestick, as a result, we get a three inside down candlestick pattern that reflects the marketplace of information the bulls tried to push the best at higher prices, but for some reason bears have reacted very strongly and built two consecutive bearish candlesticks of good sizes breaking the low of the last strong bullish Candlestick and the increase in the momentum of the pressure commercial, a possible investment and/or market indecision can lead to price moves in the opposite direction or sideways. Yes! Has completed the lesson of Japanese candles, go ahead, grab some graphics, enjoy and explore your creative talent to take advantage of everything this beautiful candlestick chart patterns

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