three white soldiers pattern

 Three white soldiers

The three white soldiers pattern occurs over three days. It consists of consecutive long green (or white) candles with small wicks, which open and close progressively higher than the previous day.


It is a very strong bullish signal that occurs after a downtrend, and shows a steady advance of buying pressure.


Comments

Post a Comment

Popular posts from this blog

hanging man pattern

Image
 پھانسی دینے والے شخص لٹکا ہوا آدمی ہتھوڑے کے برابر ہے۔ اس کی شکل ایک جیسی ہے لیکن اپ ٹرینڈ کے اختتام پر تشکیل پاتی ہے۔ اس سے ظاہر ہوتا ہے کہ دن کے دوران کافی فروخت ہوئی ، لیکن خریدار قیمت کو دوبارہ بڑھانے میں کامیاب رہے۔ بڑے پیمانے پر فروخت کو اکثر اس بات کے اشارے کے طور پر دیکھا جاتا ہے کہ بیل مارکیٹ پر کنٹرول کھو رہے ہیں۔
Read more

Gaps

Image
 Gaps A gap in a chart occurs when there is a significant difference between the closing price of an asset on one day and the opening price on the following day. It creates an empty space, or “gap,” on the chart. A gap can occur in either direction, creating two types of gaps: a “breakaway gap” and a “continuation gap” .
Read more

Three black Crows

Image
 Three black crows The three black crows candlestick pattern comprises of three consecutive long red candles with short or non-existent wicks. Each session opens at a similar price to the previous day, but selling pressures push the price lower and lower with each close. Traders interpret this pattern as the start of a bearish downtrend, as the sellers have overtaken the buyers during three successive trading day s.
Read more