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Category Archives for "Forex Candlestick Patterns"

Forex Doji Candlestick Pattern

The Doji is a neutral candlestick pattern representing indecision between forex bulls and bears. It is characterized by being small in length, meaning a small trading range, with an opening and closing price that are equal. The Long-Legged Doji is characterized by long higher- and lower shadows. What you need to know about the Doji […]

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Forex Three White Soldiers Candlestick Pattern

A Three White Soldiers top reversal candlestick formation occurs in forex downtrends. It’s composed of 3 large bullish candlesticks. The three white soldiers pattern is the opposite of the three black crows formation. Forex Three White Soldiers Pattern Trading Pattern Top Reversal Trend Prediction Bullish Prior Trend Bearish Number of Candlesticks 3 Trading Pattern Recognition: […]

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Forex Three Inside Up Candlestick Pattern

A Three Inside Up top reversal bullish candlestick formation occurs in forex downtrends. It’s composed of 3 candlesticks. A large bearish candlestick followed by a bullish candlestick where the body is completely engulfed by the preceding candle, then a bullish candlestick that closes higher than the previous bullish candlestick. Forex Three Inside Up Pattern Trading […]

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Falling Three Methods Candlestick Pattern

Falling Three Methods is a bearish continuation candlestick pattern that occurs in a declining forex market. It’s composed of 5 candlesticks. A long bearish candlestick followed by three small bodied bullish candlesticks. The fifth day is a strong bearish candlestick which makes a new low in the forex market. Forex Falling Three Methods Pattern   […]

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Forex Morning Star Candlestick Pattern

A Morning Star is a bullish top reversal candlestick pattern that occurs in a bearish forex market. It’s composed of 3 candlesticks. A long red bearish candlestick followed by a small bullish or bearish candlestick. The third session is a green candlestick that closes well into the first red candle’s body. Forex Morning Star Pattern […]

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Forex Morning Doji Star Pattern

A Morning Doji Star is a bullish top reversal candlestick pattern that occurs in a bearish forex market. It’s composed of 3 candlesticks. A long red bearish candlestick followed by a doji. The third session is a green candlestick that closes well into the first red candle’s body. Forex Morning Doji Star Pattern Trading Pattern […]

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Forex Bullish Marubozu

A Bullish Marubozu is a large green candlestick with no upper or lower wicks. A Bullish Marubozu is considered strongly bullish in forex trading. A Bullish Marubozu is the opposite of the Bearish Marubozu . Forex Bullish Marubozu Trading Pattern N/A Trend Prediction Bullish Prior Trend N/A Number of Candlesticks 1 Candlestick Recognition: A large green […]

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