2 days ago
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This guide will be a series of blog posts. I will create a dedicated Medium library to organize them.
If you are not a medium member, You can read it here. You can read all the blogs for this technical guide here.
The context is critical Candlestick Shape give more information when we check market context.
- Long Body Candles
- Short Body Candles
- Doji Candles
- Hammer Candle
- Shooting Star Candle
- Bullish Engulfing Candles
- Bearish Engulfing Candles
Long Body Candles — The candle has a long body
This communicates strong strength in sentiment
- Wicks are small [High — Close \ Low — Open is little]
- The body is big [Open — Close has a big difference]
- Strong sentiment in the market
- Big Green candle — Strong bullish in the market
- Big Red Candle — Strong bearish in the market
English (US) ·