How do I analyze a candlestick pattern chart?


A critical and powerful advantage of candlestick charts is that the size and color of the real body can send out volumes of information.
  • a long white real body visually displays the bulls are in charge.
  • a long black real body signifies the bears are in control.
  • a small real body indicates a period in which the bulls and bears are in a tug of war and warns the market’s trend may be losing momentum.
As the real body gets smaller we ultimately wind up with a doji which is a candlestick line which has an equal open-close and thus no real body.
While the real body is often considered the most important segment of the candlestick, there is also substantial information from the length and position of the shadows.
There are numerous courses in stock market. To name a few institute such as Arihant capital, Udemy etc. Sharemarketshiksha provides ample opportunity for growth as trader and learn concepts of technical and fundamental analysis to make quick money in stock and commodity market.

Comments

Popular posts from this blog

Which is the best trading platform to trade binary options?

What is the best book for learning about the stock market?

How do I do fundamental analysis in the Indian stock market?