Contents: Candlestick Trading Strategies Bullish Engulfing Pattern Understanding Basic Candlestick Charts Ready to turn your knowledge into action? 12. Shooting Star pattern The summary of qualifications for an entry level of the candlestick is hollow, and the areas above and below the body are called shadows. The formation of a candlestick requires the open, high, […]
Category Archives: Forex Trading
As with each of the Gann charts shown in this article, these angles aren’t guaranteed to hold. This might help traders identify opportunities where prices will likely continue trending. The choppy area marked by the box in the diagram above could have shown us that the price wasn’t ready to reverse up, given that it […]