Sentences with phrase «green bullish candlestick»
A Piercing candlestick pattern occurs when a green bullish candlestick (close above open) on the second day closes above the middle of the first day's bearish candlestick (close below open).
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With the bullish divergence, a bullish engulfing candlestick pattern formed and we bought (as shown by the green arrow).
The color of the candlestick body normally determines if the price has had a bullish (green) or bearish (orange) movement.
A green bar is considered to be a bullish Heikin - Ashi candlestick.