Definition of «bullish candlestick»

A bullish candlestick is a representation of positive sentiment in the stock market. It indicates that the price of a stock or asset has increased during a specific time period. The candlestick has a longer body with a lower wick, suggesting that buyers dominate the market and the stock price may continue to rise.

Sentences with «bullish candlestick»

Bullish candlestick pattern alert are displayed below price bars in blue print, while bearish alert are displayed above price bars in red print. (dolphintrader.com)
Even though there is a humongous bullish candlestick in the 4 HR chart, we shall maintain our bearish view until prices touch or even close below the 61.8 % Fibonacci retracement in the daily chart. (cryptonews.cf)
However, if you get a weak signal, like a small bearish engulfing pattern or a bullish engulfing candlestick that doesn't close within the upper 1 / 3rd of its range, you can always wait for another strong bullish candlestick or just skip the trade altogether. (fxdayjob.com)
(see all sentences)