Indicators and patterns
12/6/2024
Indicators and patterns
1. Closing Marubozu (Bullish - Buy):- The Closing Marubozu is a candlestick pattern where the candle has a long body with no wicks or shadows at either end, indicating strong buying or selling pressure.
- In this case, a Bullish Closing Marubozu suggests a strong buying pressure and is considered a bullish signal to buy.
2. Long Line Candle (Bullish - Buy):
- The Long Line Candle is a candlestick pattern with a long body and little to no wicks, indicating strong momentum in the direction of the candle.
- A Bullish Long Line Candle suggests strong buying momentum and is considered a bullish signal to buy.
3. STOCHRSI_fastk_indicator (Bearish - Sell):
- The STOCHRSI_fastk_indicator is a technical indicator that combines Stochastic Oscillator and Relative Strength Index (RSI) to identify overbought or oversold conditions.
- A Bearish STOCHRSI_fastk_indicator suggests a potential reversal to the downside and is considered a bearish signal to sell.
4. MOMENTUM_indicator (Bullish - Buy):
- The Momentum indicator measures the rate of change of a security's price and is used to identify the strength of a trend.
- A Bullish Momentum indicator suggests increasing buying pressure and is considered a bullish signal to buy.
5. MOMENTUM_indicator (Bearish - Sell):
- Similar to the previous Momentum indicator, but in this case, a Bearish Momentum indicator suggests decreasing buying pressure and is considered a bearish signal to sell.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
