India

2025-02-12 14:45

IndustryCANDLE STICK ANALYSIS
Candlestick analysis in forex helps traders interpret price movements and market sentiment. Candlesticks show open, close, high, and low prices within a specific time frame. Bullish patterns signal upward trends: ✔ Hammer – Small body, long lower wick (trend reversal). ✔ Bullish Engulfing – Large bullish candle engulfing the previous bearish one. ✔ Morning Star – Three-candle pattern signaling reversal. Bearish patterns indicate downward trends: ✔ Shooting Star – Small body, long upper wick (bearish reversal). ✔ Bearish Engulfing – Large bearish candle engulfing the previous bullish one. ✔ Evening Star – Three-candle bearish reversal. Continuation patterns like Doji (indecision) and Marubozu (strong momentum) help confirm trends. Candlestick analysis improves trade accuracy.
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CANDLE STICK ANALYSIS
India | 2025-02-12 14:45
Candlestick analysis in forex helps traders interpret price movements and market sentiment. Candlesticks show open, close, high, and low prices within a specific time frame. Bullish patterns signal upward trends: ✔ Hammer – Small body, long lower wick (trend reversal). ✔ Bullish Engulfing – Large bullish candle engulfing the previous bearish one. ✔ Morning Star – Three-candle pattern signaling reversal. Bearish patterns indicate downward trends: ✔ Shooting Star – Small body, long upper wick (bearish reversal). ✔ Bearish Engulfing – Large bearish candle engulfing the previous bullish one. ✔ Evening Star – Three-candle bearish reversal. Continuation patterns like Doji (indecision) and Marubozu (strong momentum) help confirm trends. Candlestick analysis improves trade accuracy.
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