The term “bulls”comes from the fact that bulls have horns and force power upwards, which defines a positive or upwards movement in trading.

Japanese Candlestick Charting – Stars as Reversal Patterns

Stars form another group of significant reversal patterns A star is a small real body that gaps away from the preceding large real body. It is still considered a star as long as the star‘s real body does not overlap the prior real body. The color of the star is unimportant. They can occur at […]

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Japanese Candlestick Charting: Major Reversal Patterns

Dark-cloud cover as a top reversal Last time we described major reversal patterns like hammer, hanging man, and engulfing pattern. In this post, we will present some more patterns which are also considered to be important reversal signals. This is another 2 candlestick pattern which forms a top reversal after an uptrend. The first day […]

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