Examples of using Candlestick in English and their translations into Hindi
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In order to understand price behavior, you will need to learn how to read candlestick charts and candlestick graphs, and how to interpret your readings.
The charts used in this process can vary from bar charts to candlestick charts;
Each candlestick usually represents one day's worth of price data about a stock.
And no, because the most recent gaps that are appeared on the charts can create some strong candlestick patterns for us.
When the close is greater than the open price, then the body of the candlestick is white.
After an advance or long white candlestick, a doji signals that buying pressure may be diminishing
A black or filled candlestick means the closing price for the period was less than the opening price;
For instance, gentle a candlestick to ensure that damaging mean can't damage anyone
And in the candlestick shall be four bowls made like unto almonds,
And he made the candlestick of pure gold: of beaten work made he the candlestick; his shaft,
And in the candlestick were four bowls made like almonds,
When using candlestick charts, you will notice that price movements tend to remain within two price points for extended periods of time.
A candlestick that forms when the price's open
If the candlestick is green,
A Swing High is a candlestick with at least two lower highs on both the left
Meanwhile, a white or hollow candlestick means that the closing price was greater than the opening price.
Let's now go through another chart example illustrating other Japanese candlestick patterns.
coupled with the ability to interpret Japanese Candlesticks and candlestick patterns, neither of which is as difficult as it first seems.
Daily candlestick shows us the direction of the market AT LEAST for the next trading day
However, if the last EUR/USD daily candlestick goes up strongly and closes as a strong bullish candlestick, then we will have a Bullish Piercing or Engulfing pattern that doesn't need to be confirmed by the next candlestick.