🀄 Candlestick Patterns: Doji Candle, pin bar, black candlesticks, hammer...

  





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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

Generally, candlestick charts will be either white/green, red/black or a doji. Red/black candlesticks are the opposite of white candlesticks. Ascending channel: An ascending channel is formed when a security's price is rising. The first chart shows normal candlesticks. A red candlestick means the close was lower than the prior close. In short, candlesticks are black when the close is up and red when the close is down. Separately, a candlestick is hollow (white) when the close is above the open and filled when the close is below the open.

A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a security, derivative, or currency. Candlestick charts are most often used in technical analysis of equity and currency price patterns. Three black crows is a bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have opened within the real body of the previous candle and closed lower than the previous candle.

Black is actually a good color of candle to burn to help get rid of negative energy or for a banishing. I have provided a list below of all the colors and their meanings. You can burn candles to help you with psychic work or to help someone through the healing process. A white candlestick is a point on a candlestick chart representing a day in which the underlying price has moved up.

Bullish Doji Star Reversal Pattern. Definition: The Bullish Doji Star pattern is a three bar formation that develops after a down leg. The first bar has a long black body while the next bar opens even lower and closes as a Doji with a small trading range. BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. A candlestick is a type of price chart that displays the high, low, open and closing prices of a security for a specific period. It originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming popularized in the United States.