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Indicators and patterns

12/18/2024

Indicators and patterns

Indicators and patterns

1. Marubozu: This is a candlestick pattern where the candle has a very small or no wick/shadow, indicating strong buying or selling pressure. In this case, a bullish Marubozu suggests strong buying pressure.

2. STOCHRSI_fastk_indicator: This is a technical indicator that combines Stochastic Oscillator and Relative Strength Index (RSI) to provide insights into overbought or oversold conditions. A bearish signal suggests a potential selling opportunity.

3. Belt-hold Line: This is a single candlestick pattern where the opening and closing prices are at the high or low of the candle, indicating a strong bullish or bearish sentiment. A bullish Belt-hold Line suggests a buying opportunity.

4. Closing Marubozu: Similar to a regular Marubozu, this candlestick pattern has a small or no wick/shadow with the closing price at the high or low of the candle. A bullish Closing Marubozu indicates strong buying pressure.

5. Engulfing Pattern: This is a two-candlestick pattern where the second candle completely engulfs the body of the first candle, signaling a potential reversal. A bullish Engulfing Pattern suggests a buying opportunity.

6. Long Line Candle: This is a candlestick pattern with a long body and little to no wick/shadow, indicating strong buying or selling pressure. A bullish Long Line Candle suggests strong buying sentiment.

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

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