Please Note : Green candle is bullish candle and Red candle is bearish candle. The bullish candle will always be made at the bottom of chart and The bearish candle will always be made at the top of chart. If the green candle is formed above the chart then it is a bearish candle and if the red candle is formed below the chart then it is a bullish candle. Color doesn't matter.
Hammer and Hanging man : Hammer and Hanging man used to identify Market up circle and down circle. Hammer is bullish candle and Hanging man is bearish candle. The bullish candle will always be made at the bottom, The bearish candle will always be made at the top. main thing is color does not matter. The candle photo attested here.
Inverted hammer and Shooting star : Inverted hammer and shooting star are same to hammer and hanging man. The inverted hammer candle will always be made at the bottom and The shooting star candle will always be made at the top. Again color doesn't matter. See the image to better Experience.
Dragonfly Doji and Gravestone Doji : Dragonfly doji and Gravestone doji and all of candle patterns are same please note the candle patterns then you understand it. The dragonfly doji candle will always be made at the bottom and The gravestone doji candle will always be made at the top. Again color doesn't matter. See the image to better knowledge.
Important Note : When a bullish candle is created, the next candle that will be created should be close to the previous candle. And when a bearish candle is formed, the next candle that will be formed should go below the previous candle and close. After seeing this, you will be able to buy once it is confirmed.
Get full information about this, watch the video on our YouTube channel - coming soon
0 Comments