In Technical Analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement.

thread 🧵 👇 with
@valuelevels
&
@TradingView_IN

#TechnicalTrades #TradingView
History:
Some of the earliest technical trading analysis was used to track prices of rice in the 18th century. Much of the credit for candlestick charting goes to Munehisa Homma (1724–1803), a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka
Formation of the candlestick:
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.
Big Black Candle Has an unusually long black body with a wide range between high and low. Prices open near the high and close near the low. Considered a bearish pattern.

#sensex #nifty #stockstowatch #stockmarketindia #stockmarketnews #stockmarket
Big White Candle Has an unusually long white body with a wide range between high and low of the day. Prices open near the low and close near the high. Considered a bullish pattern.
Black Body Formed when the opening price is higher than the closing price. Considered to be a bearish signal.

White Body Formed when the closing price is higher than the opening price and considered a bullish signal.
Doji Formed when opening and closing prices are virtually the same. The lengths of shadows can vary. If previous are bearish, after a Doji, may be ready to bullish.
Long-Legged Doji Consists of a Doji with very long upper and lower shadows. Indicates strong forces balanced in opposition. If previous are bullish, after long legged doji, may be ready to bearish.
Dragonfly Doji Formed when the opening and the closing prices are at the highest of the day. If it has a longer lower shadow it signals a more bullish trend. When appearing at market bottoms it is considered to be a reversal signal.
Gravestone Doji Formed when the opening and closing prices are at the lowest of the day. If it has a longer upper shadow it signals a bearish trend. When it appears at market top it is considered a reversal signal.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Stock Twit💎

Stock Twit💎 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Stocktwit_IN

Oct 5
Stock Chart Patterns ↗️↔️↘️

Stock chart patterns often signal transitions between rising and falling trends.

These patterns can be as simple as trendlines and as complex as double head-and-shoulders formations. Image
Since price patterns are identified using a series of lines or curves, it is helpful to understand trendlines and know how to draw them. Trendlines help technical analysts spot support and resistance areas on a price chart. Image
A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past. Image
Read 8 tweets
Oct 4
Supperrr se uppar Charts & analysis by Ishan The Trader @Ishan_Narayan_

Keep sharing.... 🔥🚀

Thread 🧵

@VRtrendfollower
@piyushchaudhry
@vivbajaj
@CAPratik_INDIAN
@BissaGauravB
@Rishikesh_ADX
M&M Financial (weekly)

Showing strong reversal signs on small ascending support as well as 200 weekly EMA Image
L&T Finance (weekly)

Given many cups and handles (of different sizes)
but all have failed till now... Might form a small handle and breakout from the falling channel Image
Read 5 tweets
Oct 1
Hi Friends,

Sharing some useful #trading threads here

Like & Retweet for Max Reach for learners benefit

it's 100% FREE 🖐️

1- Technical Analysis, a candlestick pattern -- part 1
Some Complex candlestick patterns ---- thread Part 2
Are you Stock Market Trader? Learn something new every day
Read 6 tweets
Sep 29
In Technical Analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement.

thread 🧵 👇 with @valuelevels & @TradingView_IN

#TechnicalTrades #TradingView
History:
Some of the earliest technical trading analysis was used to track prices of rice in the 18th century. Much of the credit for candlestick charting goes to Munehisa Homma (1724–1803), a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka

#stocks
Formation of the candlestick:
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.

#priceaction #StocksToTrade
Read 11 tweets
Sep 18
Hi Friends,

Sharing some useful #trading threads here

Like & Retweet for Max Reach for learners benefit

it's 100% FREE 🖐️

1- Technical Analysis, a candlestick pattern -- part 1
Some Complex candlestick patterns ---- thread Part 2

How to create a watch list before market opening- A thread

Read 7 tweets
Aug 27
Stock Chart Patterns ↗️↔️↘️

Stock chart patterns often signal transitions between rising and falling trends.

These patterns can be as simple as trendlines and as complex as double head-and-shoulders formations.
Since price patterns are identified using a series of lines or curves, it is helpful to understand trendlines and know how to draw them. Trendlines help technical analysts spot support and resistance areas on a price chart.
A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past.
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(