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Candlesticks are a type of graphic used in technical analysis of an asset to display its high, low, open, and close prices over a period.
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
Common Candlestick Patterns. There are numerous types of candlestick patterns that can manifest on a chart. At the highest level, they fall into one of two categories: bullish and bearish. Bullish ...
Types of Doji Candlestick Dragonfly Candlestick. When the opening, high, and closing prices are fairly comparable, a "T"-shaped candlestick pattern called the dragonfly doji is formed.