Cryptocurrency
Candlestick
Candlestick
Candlestick, also known as Japanese candlestick, is a visual representation of price movements in financial charts. It originated in Japan in the 18th century and has become widely used in technical analysis. A candlestick chart consists of individual “candles” that represent a specific time period, such as 1 minute, 5 minutes, 1 hour, or […]
Bullish Engulfing Pattern
The Bullish Engulfing Pattern is a candlestick pattern used in Japanese candlestick analysis. It typically occurs at the end of a downtrend and indicates that the price is likely to reverse and move upwards. The Bullish Engulfing Pattern begins with a red (bearish) candlestick that represents the downtrend. It is then followed by a […]
Bullish Belt Hold
The Bullish Belt Hold is a candlestick pattern used in Japanese candlestick analysis. This pattern provides information about price action and market sentiment, often indicating the beginning of an uptrend. The Bullish Belt Hold pattern occurs after a downward movement in an uptrend. It is defined by a green (bullish) candlestick where the opening […]
Bearish Engulfing Pattern
The Bearish Engulfing Pattern is a popular candlestick pattern used in technical analysis to identify potential reversals in an uptrend. It consists of two consecutive candles, where the second candle completely engulfs the body of the previous candle. Here’s a breakdown of the Bearish Engulfing Pattern: First Candle: The first candle is a […]
Algo Trading
Algo Trading, also known as algorithmic trading or automated trading, refers to the use of computer algorithms to execute trades in the forex market. It involves the use of pre-programmed instructions that automatically execute trades based on a set of predefined rules and criteria. Here are some key aspects of Algo Trading in Forex: […]
Abandoned Baby
An “Abandoned Baby” is a candlestick pattern that is used in technical analysis of financial markets. It is considered a reversal pattern, indicating a potential change in the direction of the market trend. The Abandoned Baby pattern typically appears at the end of a downtrend and signals the beginning of an uptrend. The Abandoned […]
Abandoned
In the forex market, the term “abandoned” refers to a pattern that occurs in a price chart during a specific period. Abandoned, which means “left behind” in English, signifies a formation in which a particular trend abruptly ends or reverses in the price chart. The abandoned formation typically indicates the end or reversal of […]
