Sentences with phrase «strong bullish candlestick»

It was by the 5th, but in either case, the inside bar was not followed up by a strong bullish candlestick.

However, if you get a weak signal, like a small bearish engulfing pattern or a bullish engulfing candlestick that doesn't close within the upper 1 / 3rd of its range, you can always wait for another strong bullish candlestick or just skip the trade altogether.

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).

This candlestick looks like the hammer candlestick signal, only it appears at the top of a trend, or strong bullish price movement.

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 bullish harami candlestick pattern is often overlooked by price action traders because it is only a moderately strong signal.

The bullish harami candlestick pattern is, as mentioned earlier, a moderately strong bullish reversal signal.

The bearish and bullish engulfing patterns are considered fairly strong candlestick reversal signals.

You might also notice that this reversal was so strong that it blew right past the bullish engulfing pattern that formed eight candlesticks later.