Unveiling the Magic of Shooting Star Candlestick Pattern

Title: Unveiling the Magic of Shooting Star Candlestick Pattern: A Step-by-Step Guide Introduction:Candlestick patterns are essential tools for technical analysts in the world of trading. Among the myriad patterns, the Shooting Star stands out as a powerful indicator of potential trend reversals. In this blog post, we will delve into the nuances of the Shooting Star candlestick pattern,…

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Triple candlestick patterns: morning and evening star 

Triple candlestick patterns are technical analysis tools that are commonly used by traders to identify potential changes in the direction of price movements.

Triple candlestick patterns are technical analysis tools that are commonly used by traders to identify potential changes in the direction of price movements. Among these patterns, the morning and evening star are two of the most popular and reliable ones. In this article, we will provide a detailed explanation of what these patterns are, how they are formed, and how traders can use them to make…

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Mr. Nimblr calls candlesticks the trading candlesticks, and he specifies his reasons as to why. He will talk about the various parts of a candlestick and how one should observe the various parts of a candlestick body to make the most efficient decisions for their portfolio.

Following this, Mr. Nimblr talks about what makes his approach different from all the other ways of entering and exiting a trade and why he has chosen to abandon the various popular names by which the different types of candlesticks are known and just identify candlesticks with their body height, open and close. He will talk about his own categorization of candlesticks on the basis of candle height and the implications of these categories.

Spoonflower shop update! These designs are newly available to buy, as are a bunch of others, plus some new colour & scale variations... Take a look? spoonflower.com/profiles/rowanclair

Bearish Engulfing pattern can result in uptrend ! When and How?

The above chart is a perfect example for a bearish engulfing pattern to act as a bullish trend reversal.This happens when bearish engulfing pattern occurs in the end of downtrend.

Click here to learn more about this in detail.

Candlestick Charting: A Tale of Tradition and Innovation from Japan

Candlestick charting's rich origins in Japan reveal timeless insights into market sentiment. Embrace the past's wisdom as we navigate today's markets, confident that understanding emotions will illuminate brighter trading paths! 🚀📈 #FinancialWisdom

Candlestick charting, a vital tool for traders globally, originated in 18th-century Japan amid a feudal society and a thriving rice market. Developed by legendary trader Munehisa Homma, it visualised price movements using candlesticks, revealing market psychology and predicting trends. Steve Nison’s introduction of candlestick charting to the West in the 1980s revolutionised technical analysis.…

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Doji Candlestick Pattern and Trading Doji

The doji pattern is a candlestick pattern commonly used in technical analysis to indicate indecision in the market. It occurs when the opening price and the closing price of an asset are very close to each other, resulting in a candlestick with a very small real body. The doji pattern can have different shapes, but the common characteristic is that it has a small real body, a long upper and…

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Indian Stock Market Hit by SVB Crisis and Global Market Volatility

The Indian stock market is facing turbulence due to the SVB crisis and global market volatility. #OptionTrading #BankNifty #Nifty50 #BankCrises #IndianStockMarket #GlobalMarketVolatility

Indian Stock Market Hit by SVB Crisis and Global Market Volatility The Indian stock market is reeling from the recent failure of Silicon Valley Bank (SVB) in the United States and the ripple effect it is having on global equity markets. This comes on the heels of the Adani crisis, making it another blow to the market’s recovery efforts. Investors have lost a whopping Rs 6.6 lakh crore in the…

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Candlestick Patterns - The Lazy Trader

A guide to candlestick pattern trading found on The Lazy Trader website

Candlestick patterns

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My entry for the current Spoonflower design challenge, dark academia! If I'd had more time I would have loved to do something more complex but I felt like these candlesticks suited it pretty well. 

It's interesting to see what everyone made considering that the theme is a bit more loose in concept compared to some, even though there is common imagery that shows up. I’m enjoying these challenges a lot at the moment, they’re providing a great opportunity to try something new without much pressure, and getting to see how everyone else interpreted the theme is great fun, if you’d like to you can check out all the entries/vote here!

What makes the bearish harami a weak bearish reversal indicator?

A bearish harami is one of the weakest bearish trend reversal candlestick.It is due to the psychology behind it.

In simple terms, it is the bears and bull's behaviour in the market that makes the bearish harami a weak trend reversal pattern.

The above picture depicts the behaviour of bulls and bears in the market that leads to the formation of bearish harami and also makes it a weak indicator.

Click here to read the explaination about their behaviour.

Mastering RSI Divergence: A Comprehensive Guide to Trading Success

Trading financial markets involves a plethora of strategies and technical indicators that help traders identify potential opportunities. Among these, the Relative Strength Index (RSI) is one of the most popular tools used by traders. RSI divergence, in particular, is a powerful concept that can significantly enhance your trading strategy. In this comprehensive guide, we will delve into the…

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