In the beginning of December 2015, the price moved outside the upper band with
a long bullish candlestick.
Not exact matches
Yesterday, our existing
long position in Global X Silver Miners ETF ($ SIL) got off to a rough start in the morning, but reversed to close near its intraday high, this resulted in the formation of a
bullish hammer
candlestick pattern that also «undercut» key intermediate - term support of its 50 - day moving average.
Also, when you daytrade you also need to pay attention on higher timeframes as well, for instance, if a
bullish 4 hourly
candlestick is forming during market hours and moving averages on 5 min chart and pointing up, then it is time to go
long and stand market noise.
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.