Category: Technical Analysis

  • What Is The Difference Between Long Legged And Dragonfly Doji

    What Is The Difference Between Long Legged And Dragonfly Doji

    Introduction Long Legged Doji and Dragonfly Doji are two fundamental type of Doji Candlestick Pattern. Before we dive deep down into the technicals of these candlestick patter, let’s understand what is a Doji. A Doji is a Candlestick Pattern in a trading chart which indicates that the opening price and the closing price is the…

  • Unveiling The Secrets Of The Doji Candlestick Pattern

    Unveiling The Secrets Of The Doji Candlestick Pattern

    What is a Doji Candlestick Pattern Doji Candlestick is a type of pattern that has the same opening and closing prices, yet having some flexibility during the period of formation. The opening and closing prices are roughly equal or very close to one another. This gives the Doji Candlestick Pattern its distinctive shape of a…

  • What Happens After Formation Of Marubozu Candlestick Pattern

    What Happens After Formation Of Marubozu Candlestick Pattern

    What is Marubozu Candlestick Pattern Marubozu is a Japanese word that means Dominance. Thus, it is an extremely powerful candlestick that depicts change in trend. The Marubozu Pattern is interpreted by traders as a clear sign that the preceding downturn or upturn is coming to an end and the trend is about to reverse. It…

  • How To Identify Bullish Engulfing Candlestick Pattern

    How To Identify Bullish Engulfing Candlestick Pattern

    Introduction As a technical analyst, it is crucial to be aware of all the important technical patterns in order to execute and predict the trend of the market and similarly place the trades. One such commonly referred price pattern is the bullish engulfing pattern. You might also like: How To Trade Using Relative Strength Index…

  • How To Read Different Types Of Doji Candlestick Pattern

    How To Read Different Types Of Doji Candlestick Pattern

    Introduction Technical analysis is all about studying the patterns formed by different candlesticks on a stock chart. One of the prominent type of price pattern traders look for is the doji candlestick pattern. It is a price sensitive pattern that can help to predict the price movement of a stock. Thus, till today, this pattern…

  • What Is The Difference Between Arbitrage And Trading

    What Is The Difference Between Arbitrage And Trading

    Introduction Before understanding the difference between arbitrage and trading, let us revise their basic definition. What is arbitrage Arbitrage is defined as the simultaneous buying and selling of the same item in multiple marketplaces, in order to profit from small price differentiation. It takes advantage of short-term price fluctuations in same or comparable financial products…