Sentences with phrase «making bullish a candlestick»

You would need a candle to pierce and then close back above the low, making bullish a candlestick (or the first candle in a bullish pattern) in the process.

Not exact matches

The other benefit of a stock that gaps down, but closes with a bullish reversal candlestick, is that it makes it easier for us to clearly define our stop price just below the low of the reversal bar.

The very fact that there is a dramatic color difference between bullish and bearish bars makes spotting forex candlestick patterns much easier than using a standard bar chart of bars that are the same color.

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).

If during a buy signal the EMA 5 10 34 Crossoverl.ex4 custom indicator is seen to form a yellow downward pointing arrow that is aligned somewhat above the candlestick, price is said to be making a U-turn away from its current bullish sentiment, hence an exit or take will do.