Sentences with phrase «large bullish candlestick»

In the image above, you will see a quick spike in price, facilitated by a large bullish candlestick.

Not exact matches

The second large candlestick in the strong bullish move that preceded our hanging man candlestick pattern made a huge move upward, but the market rejected price at those levels (see the image above).

Since it showed a rejection of lower price and was much larger than the other candlesticks in the area, I would consider this to be a pretty strong bullish indication — even though it occurred from sideways price action.

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.

This pattern consists of a relatively large bearish candlestick, followed by a bullish candlestick that closes somewhere above the 50 % mark of the preceding candlestick's real body (see image below).