What are the different order types available and how are they Executed? We always get confused what type of order to be placed that can benefit me. So, we are here with the solutions…
History Candlestick patterns were created by Japanese rice traders of the 1700s. These informative expressions of price action were forgotten and did not resurface within the trading world until Steve Nisson brought them back…
Candlestick A candlestick is a type of price chart that is used in technical analysis which displays the high, low, open, and closing prices of a security/stock/Index for a specific period. The specific period can vary…
What is Support? Support represents a low level to which a stock price reaches over time. Upon reaching support traders start buying that stock. Reaction of that buying causes a stock price to stop…
We can identify major support and resistance using tools like horizontal line, pivot and round levels. Other tools like Fibonacci and Fibonacci extension as well we can use to identify support & resistance. Finding…
Hammer candlestick pattern is a single candlestick pattern. In which body is shorter than the shadow or wick. Which can help in predicting market trend reversal. We will understand what are hammer candle stick…
The word Marubozu means “Bald” in Japanese.There are two types of marubozu – the bullish marubozu and the bearish marubozu. A Marubozu can appear anywhere in the chart irrespective of the prior trend. Marubozu…
Engulfing means one object “fully covered” by other object. Engulfing candle stick pattern is made of two candle sticks. One of them is fully covered by other. Bullish Engulfing The bullish engulfing pattern is…
