Bullish Stock Indices Candlestick Patterns Tutorial
Bullish Engulfing Indices Candle in an Downtrend
Engulfing Candle Pattern is a reversal candlestick pattern that can be bearish or bullish depending upon whether it appears at the end of a indices down trend or at the end of a upward indices trend.
Bullish Engulfing Stock Indices Candle Pattern - Bearish Engulfing Candle Pattern
Bullish Engulfing Indices Candle in an Downtrend
Color of the first candle stick indicates the indices trend of the day.
The second candle should completely engulf the first candle & it should have opposite color.
For Bullish Engulfing the color of the candlestick should be Blue
For Bearish Engulfing the color of the candlestick should be Red
Bullish Stock Indices Candle Patterns Tutorial - Types of Engulfing Stock Indices Candlestick Patterns - Bearish Engulfing Indices Candle in an Up indices trend - Bullish Engulfing Indices Candle in an Downtrend
Engulfing Candlesticks Patterns
Morning Star Candlestick Pattern
Morning Star Candlestick Pattern
Morning Star Candle Pattern
Morning star is a 3 day bullish reversal candle pattern.
The first day is a long black candle.
The second day is a morning star that gaps away from the long black candle.
Third day is a long white candlestick which fills the gap.
Filling of the gap & closing of the white candlestick above gap is a strong bullish indices trade signal.
Traders should open a buy indices trade after market stock indices price closes above the gap formation of the morning star candle stick pattern. This is the confirmation signal of a buy stock indices signal generated by this candle sticks pattern.
Evening Star Stock Indices Candle Pattern
Opposite of the morning star
Evening Star Stock Indices Candle Pattern
Evening Star Stock Indices Candle Pattern
Evening star is a 3 day bearish reversal candle pattern.
First day is a long white candle stick.
The second day is evening star that gaps away from the long white candlestick.
Third day is a long black candle which fills the gap.
Filling of the gap & closing of the black candlestick below gap is a strong bearish indices trade signal.
Traders should open a sell indices trade once the stock indices trading market closes below gap formation of the evening star. This is the confirmation signal of a sell stock indices signal generated by this stock indices trading candle pattern.