Sentences with phrase «2 bullish candle»
# 2 Bullish Candle: The latest candlestick pattern in the daily chart is a hammer.
http://tradesoftheday.com/ Not exact matches
The long - tailed doji is, however, a bullish signal for a couple of reasons: 1, the long lower wick is bullish; and 2, the size of this candle is very large relative to any other candlestick in the image.
Even if the daily TF has formed a bearish pinbar, the 2 hour TF is in a down trend but the bullish engulfing candle shows a reversion to the mean.