I am back with Candlestick Patterns here. We have so far seen the Patterns formed by single candlesticks... Progressing further, it is now turn of Patterns created by multiple candlesticks. As I said in the previous post, these patters are stronger indicators.
Some of these popular Patterns are;
- Morning Star / Morning Doji Star
- Evening Star / Evening Doji Star
- Three White Soldiers / Three Black Crows
- Bullish / Bearish Engulfing
These comes to mind immediately. Will add more if relevant.
After getting through these Patterns, we will proceed to actual charts. Studying charts and fixing larger Patterns in the chart is a very very interesting thing and one of the mail reason I love Technical Analysis. Apart from Patterns on charts, what adds to the fun is a host of indicators and oscillators and I cannot wait to get to them.
More on above mentioned Patterns in next post.
No comments:
Post a Comment