Gravestone Doji Candlestick Definition and Tactics

What is Gravestone Doji Candlestick? Gravestone Doji is a type of candlestick where the open close and low price are same or very very close to each other. There is always a long wick associated with Gravestone Doji candle and it looks like inverted “T” . Underlying Psychology of Gravestone Doji This means that, thereContinue reading “Gravestone Doji Candlestick Definition and Tactics”

Bullish Marubozu

In case of bullish Marubozu,the open price is the lowest price and close price is the highest price of that underlying stock for that session. This means that, there were many market participants ready to buy the underlying stock at any price during the session and due to this high demand the price kept onContinue reading “Bullish Marubozu”

Candlestick Patterns

Candlestick patterns are very popular tool in trading, and because of their catchy names and easily recognizable shapes, they are one of the most powerful tools a trader can use. Being said that, It doesn’t mean that once you understand candlestick patterns,you will never loose any of your trade ever again. Please note that thereContinue reading “Candlestick Patterns”