Sentences with phrase «large bearish candle»

This pattern consists of a relatively large bearish candle, followed by a small real - bodied second candle that is either slightly bearish or a doji (since there are rarely gaps in Forex), and then a third candle who's real body pulls into and closes past, at least, the halfway point of the first candle's real body (see the image above).

Not exact matches

In general, though, a larger candle suggests a greater number of buyers or sellers depending on whether it was a bullish or bearish session.

A bearish candlestick on higher volume, especially twice the volume of the previous candle, is another great indicator that a larger bearish move is likely to occur.