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07.04.2019

AAKASHAYA PATRA 7 STAR SMART EDUCATION SERIES PART – 3 :

Today we are going to discuss about various types of Japanese Candlestick Patten,

The pattern are mainly classified in three types
1) Single Candlesticks Pattern
2) Double Candlesticks Pattern
3) Triple Candlesticks Pattern


There are so many candlestick patten are available but we are going to discuss main few pattern those are also play an important role in price reversal • Doji • Hammer and Inverted Hammer • Hanging Man and Shooting star • Engulfing Bullish • Engulfing Bearish Dark Cloud Cover • Piercing Pattern • Harami (Bullish Harami, Bearish Harami) •Morning Star • Evening Star Japanese Candlestick gives as information about four types of price Open Price, Close Price, High Price and Low Price of that trading season We also discussed that if closing price is higher then open price so its consider as a bullish candle and if closing price is lower then opening price so its consider as bearish candle
 Now What is the Doji :  If in any trading season, after achieving its season High and Low, price close at its opening price that means
opening price and closing price are same, the candle form for this trading season known as Doji, where no one can won the battle either buyer or saller and stock price close at same price where it open..there is no any body color in this candle...Doji pattern Doji pattern play an important role when it form at Swing High or at Swing Low, It will be a swing / trend maturity signal and price reversal may take place if it supported by confirmation candle . for more such type of education joint our online series and batches and be a pro trader contact on 7028 421 786.

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