candle sticks

Confusing Words in English Language. Free Reading..

Bullish harami

Candle Sticks

Candlesticks are graphical representations of price fluctuations for currency pairs.
Bullish harami

Definition

This pattern is characterized by a large white body engulfing a preceding smaller black body which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal.

Recognition Criteria

1. The market is characterized by a prevailing downtrend.
2. A black body is observed on the first day.
3. The white body that is formed on the second day completely engulfs the black body of the preceding day.

Pattern Requirements and Flexibility

The length of the first black candlestick in Bullish Engulfing is not important. It can even be a Doji. However the second one has to be a normal or long white candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level but in any case the white body should be longer than the previous black body.

Trader


Bullish meeting lines
BULLISH MORNING STAR
Closing black marubozu
Chart patterns
Closing white marubozu
Long Legged Doji
White candle
BULLISH PIERCING LINE
BULLISH THREE INSIDE UP
Tri star bullish
BULLISH STOP LOSS
BULLISH MORNING DOJI STAR
More ...

Test your English Language
Tips to get ready for Work
Best Selling Books In History
Rules to play Paragliding
Amazing Animals
Rules to play Ildado
Search Tricks
Isaac Newton
Greatest Fashion Models
Greatest Female In Video Game History
Greatest Leaders in World