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Stock charts
Your guide to Candlesticks explaining their anatomy, formation and types of candlesticks and their meaning in a simple way. Candlestick patterns are used as predictive indicators.
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All Things Trading
Bourse
The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern, usually occurring at the top of an uptrend. The pattern consists of two Candlesticks: Smaller Bullish Candle (Day 1)Larger Bearish Candle (Day 2) Generally, the bullish candle real body of Day 1 is contained within the
Trend trading
A basic understanding of what information we can derive from candlestick price charts in trading will form the basis of technical analysis. A particular candlestick should not be the sole reason for taking a trade, but should be combined with chart patterns and other aspects of technical analysis.
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