Definition

When two or more distinct candlestick formations appear within a specific timeframe, it’s known as a multiple candlestick pattern. This phenomenon reflects shifts in market dynamics and gives traders a more comprehensive understanding of price action. By recognizing and understanding these integrated patterns, traders may make better decisions regarding entry, exit, and risk management strategies. […]

Single Candlestick Pattern Definition: In a single candlestick pattern, there is only one candle to show the trading action for the day. The length of the candle shows the trading implication. The longer a candle is the more will be the selling or buying activity. Similarly, a shorter candle portrays less trading activity. Let us

A candlestick chart, a type of financial chart, displays changes in a currency’s, a security’s, or a derivative’s price. It resembles a candlestick because of its vertical rectangle and wicks at the top and bottom. The top and bottom of the candlestick represent the open and closed prices, respectively. The wick’s top and bottom represent,

Technical Analysis Definition: Before we answer the question, let us know what an analysis called is. Basically, an analysis is a detailed examination of the elements or structure of a particular subject. But, here we will discuss the examination of securities and investment decisions that are majorly categorized into two parts: fundamental analysis and technical analysis.