Sunday, January 6, 2019
6 Very Accurate Bullish Candlestick Patterns
Understanding the seven candlestick patterns is very important especially for colleagues who are still beginners in the world of Forex Trading business. This candlestick pattern will give a very accurate signal that there will be a reversal of the downward trend (Bearish) towards the uptrend (Bullish). In other words, the seventh is a candlestick pattern that gives a buy signal. Amazingly, the seventh is a candlestick pattern that has a high level of accuracy, so it can be used without waiting for confirmation first.
1. Bullish Abandoned Baby
Is a candlestick pattern formed by 3 candlesticks. A long trunked black candlestick, a doji candlestick, and a long trunked white candlestick. These three candlesticks make a pattern that tells that, Bearish is getting weaker, and Bullish is strengthening. It is predicted that the Bullish candle will continue to rise.
2. Bullish Piercing Line
Is a candlestick pattern formed by 2 candlesticks. A long trunked black candlestick, and a long trunked white candlestick. These two candlestick patterns make a pattern that tells us that in the end, Bullish has become stronger than Bearish. It is predicted that, for the coming days, Bullish will continue to master
market.
3. Bullish Morning Star
Is a candlestick pattern formed by 3 candlesticks. A long trunked black candlestick, a short trunked white candlestick, and a long trunked white candlestick. These three candlesticks form a pattern that tells us that after a market is fierce. It is predicted that Bullish will continue to win in the future.
4. Bullish Three Outside Up
Is a candlestick pattern formed by 3 candlesticks. A long trunked black candlestick, and two long-stemmed white candlesticks. These three candlesticks form a pattern that tells us that, Bullish will strengthen. It is predicted that, going forward, Bullish will continue to strengthen.
5. Bullish Three Inside Up
Is a candlestick pattern formed by 3 candlesticks. A long trunked black candlestick, a short trunked white candlestick, and a long trunked white candlestick. These three candlesticks form a pattern that tells us that, Bullish will still continue to strengthen.
6. Bullish Three White Soldiers
Is a really bullish candlestick pattern. This is because the candlestick pattern is formed by 3 long-stemmed white candlesticks. This candlestick pattern illustrates that Bullish has really dominated the market. There is no resistance from Bearish at all. It is predicted that this Bullish dominance will continue.
Ok, just enough discussion this time and hopefully the discussion above can help those who don't understand it