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Indicators and patterns

11/12/2024

Indicators and patterns

Indicators and patterns

1. Belt-hold Line: This is a bearish signal indicating a potential sell opportunity. It occurs when a long bearish candlestick opens at or near the high and closes at or near the low, without any significant wicks or shadows.

2. Long Line Candle: Similar to the Belt-hold Line, this is a bearish signal suggesting a sell opportunity. It is characterized by a long bearish candlestick with little to no wicks, indicating strong selling pressure.

3. Marubozu: Another bearish signal indicating a potential sell opportunity. A Marubozu candlestick has no wicks or shadows and either opens at the high and closes at the low (bearish Marubozu) or opens at the low and closes at the high (bullish Marubozu).

4. STOCHRSI_fastk_indicator: This is a bullish signal suggesting a buy opportunity. It is based on the Stochastic Relative Strength Index (STOCHRSI) indicator, specifically the fast %K line crossing above the slow %D line, indicating potential upward momentum.

5. Harami Pattern: This is a bearish signal indicating a potential sell opportunity. It consists of a small candlestick (the "inside" candle) contained within the previous candlestick (the "outside" candle), suggesting a possible trend reversal.

This is not investment advice. Remember to verify the information provided here.

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