1. The engulfing bar candlestick pattern The Engulfing bar candlestick pattern is characterized by a candle that fully engulfs the previous one. This pattern can sometimes engulf more than one prior candle, but it must completely consume at least one to be considered an engulfing bar. Reason: Importance of Engulfing Bars The bearish engulfing pattern, […]
What is a Candlestick?
What is a Candlestick? Japanese candlesticks are a popular tool in trading, formed using the open, high, low, and close prices of a chosen time frame. Bullish Candlesticks: When the close is above the open, the candlestick is considered bullish, indicating that the market is rising during this period. Bullish candlesticks are often displayed as […]
Master the Art of Trading: Secrets of Successful Traders Revealed – 2023
There are many factors that contribute to the success of a trader, but one of the most important is discipline. Successful traders have the discipline to stick to a well-thought-out trading plan, even when faced with unexpected market conditions or emotions such as fear or greed. They are able to control their emotions and make […]
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