What are Simple Candles? In a candle chart there are many simple candlestick patterns used in stock analysis. They are formed by a single candlestick. Though they are single, the information they give is very valuable. Some of them are listed below. You may click on the name of each pattern listed below to learn
Candles Chart are stock charts used in charting and study of chart patterns in technical analysis. Also called as Candlesticks or Candlestick charts, they dramatically illustrate supply and demand concepts defined by classical technical analysis theories. Candlestick patterns not only display the absolute values of the open, high, low, and closing price for a given
A continuation pattern a trend in a security price series chart is expected to continue. There are several continuation patterns that technical analysts will identify as an indicator of an extended price trend. Falling Wedge As a continuation signal, a falling wedge forms during an uptrend and implies that upward price action will resume. As