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Admin ''
- Feb 17, 2025
This is a bullish pattern. The cup and handle pattern imply that the sellers have taken the price lower but buyers absorbed all the selling and took the price again to the level from where it had started falling.
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Admin ''
- Feb 17, 2025
Double bottom pattern, which is a bullish reversal pattern, which looks somewhat like the English letter W. The double bottom pattern is most commonly used in intraday trading and swing trading. The accuracy of the W pattern is around 70 to 75%, where once the stock or index forms the W pattern, it becomes easier to move up. Due to which bullish trend or rise is seen in the stock.
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Admin ''
- Feb 17, 2025
A flag is a chart pattern formed during a counter-trend move after a sharp price movement. A bull flag pattern forms during an uptrend. It got its name because it resembles a flag on a flagpole while the price continues to move in an uptrend, attaining higher highs and higher lows.
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Admin ''
- Feb 17, 2025
Support levels are levels where a declining stock will find the bottom and bounce up. Support levels are also formed when a stock spends a lot of time at one level and then breaks upward. Resistance is the level at which supply is strong enough to stop the stock from moving higher, due to which that stock is unable to go up, or when it reaches the resistance level, investors start selling.
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Admin ''
- Feb 17, 2025
Hanging Man Candle looks similar to hammer Candle. In hanging man candles, opening, closing, and high price are almost the same. Hanging Man Candle has 75-85% lower shadow and 25-15% real body. The hanging man candle is characterized by having a small real body, little or no upper shadow (wick), and a lower shadow at least twice the length of the body.
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Admin ''
- Feb 17, 2025
The bearish engulfing pattern is a strong bearish reversal candlestick pattern for intraday in an uptrend market near the resistance zone or supply zone. We can follow a bearish engulfing pattern like a shooting star candle.
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Admin ''
- Feb 17, 2025
The shooting star candle is the opposite of the hammer candle, which is a bearish reversal candle. Whenever the market is in a state of going up and keeps going up, goes above any supply zone or resistance zone forms a shooting star candle, and starts coming down from the top, then we call it a shooting star candle.
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Admin ''
- Feb 17, 2025
When the candle starts, Buyers want to buy the stock & price move up, but Seller start selling on the stock, due to which the stock does not go up. In the same way, the Seller want to bring down the price of the stock, but the buyers start buying, and the stock is unable to go down. In this way, buying and selling starts happening equally,
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Admin ''
- Feb 17, 2025
When the candle starts, Buyers want to buy the stock & price moves up, but Sellers start selling on the stock, due to which the stock does not go up.
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Admin ''
- Feb 17, 2025
Evening Star candle is a combination of 3 candles 1st is a Green candle 2nd is a Doji candle red or green and 3rd candle should be a red candle. When the market is in an uptrend, the Evening Star candle is formed at the top level near the resistance zone or supply zone, and from there signal bearish reversal When an Evening Sta
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Admin ''
- Feb 17, 2025
A shooting star candlestick pattern is bearish reversal candlestick pattern. Which is specific type of candlestick formation that appears on trading charts. It looks like an inverted hammer candle, with a small body candle and a long upper shadow, but no lower shadow.
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Admin ''
- Feb 17, 2025
The morning Star candle is a combination of 3 candles 1st is a Red candle 2nd is a Doji candle red or green and 3rd candle should be a green candle. When the market is in a downtrend, the Morning Star candle is formed at the lower level near the support zone or demand zone, and from there signals a bullish reversal.
