Candle stick pattern

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Candlestick Patterns in Stock Trading🚀



Candlestick patterns are used by traders to analyze price movements in financial markets, particularly in the stock market.

History of Candlestick Charting👉

Candlestick charting originated in Japan in the 18th century, developed by Munehisa Homma, a rice trader in Ojima, Japan. This charting technique was later introduced to the Western world in the late 20th century by Steve Nison, who popularized the method.

Basic Candlestick🔸

 A candlestick chart consists of "candles," where each candle represents a specific time period (like 1 minute, 15 minute, 1 hour, 1 day). The body of the candle shows the opening and closing prices, and the wicks (or shadows) show the highest and lowest prices during that period.


Common Candlestick Patterns🔥

Bullish Engulfing: Indicates a potential price rise.

Bearish Engulfing: Indicates a potential price drop.

Doji: Signals indecision in the market.

Hammer: Can indicate a potential price reversal after a down.


                                            INSTAGRAM LINK


https://www.instagram.com/reel/DGicbN0TdC0/?igsh=eDdzdDl3bTBsdzJm


                                                  YOU TUBE LINK


https://youtube.com/shorts/RoVXaf-Y-ak?si=5IoEtlFcPO_QZZdh


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