white white black black candlestick pattern
readers message
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Hi Long, I saw few of your videos on your website, I have lots of difficulties on the entry of the trades,
I would like to know if you have advice for me, thank you.
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Most bullish reversal patterns require bullish confirmation.
they must be followed by an upside price move which can come as a long hollow
candlestick or a gap up, and be accompanied by high trading volume. This confirmation should be observed within three days of the pattern.
but you can identify only candlestickl color
The bullish reversal patterns can further be confirmed through other means of traditional technical analysis
like trend lines, momentum oscillators, or volume indicators—to reaffirm buying pressure. (For insight into ancillary technical indicators see Basics of Technical Analysis) There are great many candlestick color patterns that indicate an opportunity to buy and sell. We will focus on white white black black candlestick patterns that can take profit
buy entry pattern is white white black black
after price go up
sell entry pattern is black black white white
after price go down
click here
identify the oversold and overbought region of price movement