the pattern would have been disregarded. The exchange rate then breaks firmly below the flag’s lower channel line with a red candle that closes below the 1.0936 level. The take-profit objective ...
Some candles simply reflect indecision among market participants. Patterns may be identified by a single candlestick or in some cases a series of specific candlesticks. Candlestick charting can be ...
The result is a downward sloping channel that looks like a handle ... formation is considered strongly bullish. It's a candlestick pattern indicated by three consecutive long candles each with ...
Bullish Rising Three Method It is a continuation candlestick pattern. It is ideally a five candle pattern in which second, third, and fourth candles are opposite in color of the first candle.