What is Bullish or bearish candlesticks Momentum loss and gain?

The candlestick momentum loss is buyer or seller decreasing in a candle. And the candlestick momentum gain is to continuously increase the buyers or sellers.
Bullish momentum loss is to decreasing buyers' interest and increasing sellers. Vice versa in bearish momentum where buyers will take a lead on the candlesticks.

Comments

What Is a Bullish Engulfing Pattern?

Bullish engulfing candlestick What Is a Bullish Engulfing Pattern? A bullish engulfing pattern is a green candlestick that closes higher than the previous day's opening after opening lower than the previous day's close. It can be identified when a small red candlestick, showing a bearish trend, is followed the next day by a large green candlestick, showing a bullish trend, the body of which completely overlaps or engulfs the body of the previous day’s candlestick. Bullish engulfing What Does a Bullish Engulfing Pattern Tell You? A bullish engulfing pattern is not to be interpreted as simply a green candlestick , representing upward price movement, following a red candlestick, representing downward price movement. For a bullish engulfing pattern to form, the stock must open at a lower price on Day 2 than it closed at on Day 1. If the price did not gap down, the body of the white candlestick would not have a chance to engulf the body of the previous day’s black candle...

NEPSE Daily Summary with technical analysis chart

NEPSE daily summary; Closed after loosing -0.25% NEPSE daily summary chart Day start with breakup +2.38 point at 1948.08, after ups and down market closed at 1933.88 after loosing -0.25%. Three sector indices closed green, "Investment" lost the highest by 0.91% while "Others" gained the highest by 0.57%. sub indices summary TOTAL TURNOVER AND TOTAL TRADED SHARES 238 scrips traded within 19,121 transactions. A total of 2,581,425 shares exchanged with the Rs. 96.52 Crores in turnover amount. This is lower than the last trading day's turnover of Rs. 1.670 Arba. market summary The Technical overview The index closed at the support trend lines with hammer candlestick. as we overlook at the chart its showing Symmetrical Triangle has been formed. 50 DMA support is nearest support for the on going trend. Nepse index technical chart *Financial instrument carries high level of risk, please study by yourself before taking any decision.

What dose mean candlestick chart patterns and how dose it works?

What dose mean candlestick chart patterns and how dose it works? Nepse candlestick charts A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a security , derivative , or c urrency . Candlestick Formations Candlestick formations The area between the open and the close is called the real body, price excursions above and below the real body are shadows (also called wicks). Wicks illustrate the highest and lowest traded prices of an asset during the time interval represented. The body illustrates the opening and closing trades. The price range is the distance between the top of the upper shadow and the bottom of the lower shadow moved through during the time frame of the candlestick. The range is calculated by subtracting the low price from the high price.

MajhiTrading

Search This Blog