The Basic CandleStick Patterns. At the time of our first plunge to Earth forex, maybe we will feel strange about some indicators, or perhaps you do not mengetahuinnya at all. In the article this time I will invite you to get to know some of the types of indicators, especially Indicators on the Candle, with no length again, following review on the basic patterns of Indicator Candle.
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Spinning Tops to get to know it in the shadow of the Candlestick with a long lower shadow, long and small bodies called spinning tops. The body color is not too important. Basically this pattern shows a sense of confusion between the buyer and the seller. The picture you can see below:
Have a small body (whether empty or fill) showed little movement from open to close, and shadows showed that both buyers and sellers are struggling but no WINS. Although the session opened and closed with little change, prices moved significantly higher and lower for a while. If the form of a Spinning top occurred during an uptrend, it usually means there are not many buyers left and possible reversal of direction will be able to quickly happen. If the form of Spining top occurs during a downtrend, this usually means there's not much remaining sellers and a possible reversal of direction can occur.
Marubozu means no shadow from the body of the candlestick. Depending on whether the body is a filled or empty candle, the high and low are the same as open or closed. take a look at two kinds of Marubozus on images below.
The marubozu indicators have long white body without a shadow. At the time of open price equal to the lowest price while at a price equal to the closing price highs. This is called with the candle, which is very bullish because the buyer, having control at the time of the session. This is usually the first part of the continuation of the bullish or bearish reversal patterns at the time.
Doji candle has the price Indicator Doji open and close prices of the same or at least very little of their bodies. The indicator has a very body Doji small appears as a thin line. The Doji Candle indicator shows the nature of doubt or a struggle to take a position between the buyer and the seller. At a time when the price moves above and below the opening price during the session, but close or very close to the open price. Both the buyer and the seller are able to control and the result is a series. Terdapta four types of indicators doji, that top and bottom Shadow Length can vary and the resulting candle looks like a cross, inverted crosses or plus.
At the time of the indicator, notice the candle formed doji before. If the Doji candle arrangement came after a long hollow bodies (such as the White Marubozus), this indicates that the buyer becomes tired and weakened. So that prices continue to go up, it takes a lot more buyers, but no more.
If the indicator after the Doji candle arrangement with the Agency filled length (like the Black Marubozus), means "indicates that the seller is getting tired and weak. As prices keep falling, more then needed more sellers but the seller has come out.
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