How do Candlesticks charts works in Stock Market? - PowerPoint PPT Presentation

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How do Candlesticks charts works in Stock Market?

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In Candlesticks charts, the price movement of a stock is depicted over a time period. Because this type of chart is easy to read and understand, it is quite popular among traders. – PowerPoint PPT presentation

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Title: How do Candlesticks charts works in Stock Market?


1
How do Candlesticks charts works in Stock
Market? In Candlesticks charts, the price
movement of a stock is depicted over a time
period. Because this type of chart is easy to
read and understand, it is quite popular among
traders. Aside from that, they provide an idea of
current investor sentiment and provide a better
understanding of the relationship between demand
and supply, greed and fear, etc. These charts and
patterns can be confusing for the newbies.
Therefore, we came up with the brief guide for
the beginners' and for those who don't have full
knowledge of stock market charts and candles
patterns. In candlestick chart, the stock's high
and low price over a specified time period are
shown. The trader can adjust the time frame
according to his needs. Let's see the patterns
type in both Bullish and Bearish Market. Several
bullish candlestick patterns can be seen after a
downward trend in the market, indicating that the
price has reversed or changed which are
Hammer Morning Star Bulging Engulfing
Three White Soldiers Inverse Hammer
Piercing Line In a similar manner, six bearish
candlestick patterns represent the change in
prices after an upward trend in the market which
are shown below
2
Shooting Star Bearish Engulfing
Hanging Man Evening Star Dark Cloud
Cover Three Black Cows Understanding these
candlestick patterns will be extremely helpful to
you as a new trader. Even minute-long trading
cycles can be analyzed using candlestick signals
- even for daily or hourly cycles of trading.
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