Morning Star pattern is a reversal candlestick pattern which can give a very good risk reward ratio if identified correctly. We will understand 3 things here like we cover in every Bullish Candlesticks patterns What is a Morning Star pattern? How to spot this pattern on a chart and what it means? How to take … Read more
Moving Average is one of the most widely used indicators in technical analysis. A trader can use moving average for intraday or positional/swing trading. This indicator gauge overall market trend and also current sentiments ( Whether the trend is Bullish or Bearish). What is MOVING AVERAGE in Trading? Moving average as the name suggests is … Read more
Evening Star pattern is a reversal candlestick pattern which can give a very good risk reward ratio if identified correctly. We will understand 3 things here like we cover in every Bearish Candlesticks patterns What is an Evening Star pattern? How to spot this pattern on a chart and what it means? How to take … Read more
One of the common beliefs in stock market is that prices fall 2 to 3 times faster than they rise. So, in this article we will discuss Bearish Marubozu candle which indicates a strong selling pressure and helps you make money when there is a fear of loss among traders. Like we discussed in Bullish Marubozu … Read more
Bearish engulfing pattern is a reversal candlestick pattern which can give a very good risk reward ratio if identified correctly. We will understand 3 things here like we have covered in Bullish engulfing pattern What is Bearish engulfing pattern? How to spot this pattern on chart and what it means? How to take high probability … Read more
If a trader knows that bulls have come into the market, it is a great sign to take a long position (Or buy). In this article we will discuss Bullish Marubozu candle (It is okay if you do not remember the name but understand the concept), which indicates a strong buying pressure. Like every candlestick … Read more
Technical traders use indicators to identify market trends and price movements. As a trader or investors, we always try to enter a trade when we predict that market will move in our direction. While some traders only analyze price along with support and resistance, others will depend on indicators to enter and exit the trade. … Read more
One of the best risk rewards come for a trader if he can catch the trend reversals. So, in this article we will understand bullish engulfing pattern which is a reversal candlestick pattern . It can give a very good risk reward ratio, if identified correctly . This article will cover 3 major topics What … Read more