Tag: Trading Pattern
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How To Identify Morning Star Candlestick Pattern
Introduction Morning Star Candlestick Pattern is a bullish reversal pattern formed by a tall red body candlestick, a second candle with a small red body that gaps below the first red body to form a doji, and a third green candle that closes well into the first red candle. It was Steve Nison who popularised…
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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…
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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…
