Candlestick Pattern : Spinning Top Spinning top as you all know is a toy that with a quick twist can be set to turn, the one that Leonardo set to spin in the movie Inception. The spinning top is a fascinating candlestick. Contrary to the Marubuzo, it does not give the trader any signal with […]
Category: Technical Analysis
Candlestick Pattern : The Marubozu
Introduction Marubozu is a candlestick which has no upper and lower shadow. A Marubuzo has only the real body as you can see in the picture below. After reading this post you will be able to identify this pattern in any chart and make trading decisions accordingly. There are two types of Marubozu candlesticks : Bullish […]
Technical Analysis: Introduction to Candlesticks
Technical Analysis: Introduction to Candlesticks This is the perfect Introduction to Candlesticks for beginners. Having perceived that the Open (O), high (H), low (L), and close (C) is the ideal approach to outline the trading activity, we require a diagramming strategy that shows this data in the most understandable way. If a good charting technique […]
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