3-Most Important Candles | Doji | Hammer and Inverted Hammer | Normal and Abnormal Candles

0
Type of Candles

Doji

Doji candle is an indecision candle it usually indicates equal pressure from buyers and sellers
You will find different types of Doji Candlesticks just remember that it is a indecision candle

Types of Doji
Neutral,Gravestone,Long-Legged and Dragonfly Doji

Hammer / Inverted Hammer 

Hammer is also an indecision candle it will work according to the current market structure if the market is ranging then there will be more chance that the market will be reversed and in the trending market it will work as a continuation, we will discuss it later.

Hammer and inverted hammer
Hammer and inverted Hammer Include Abnormal Hammers

Normal Candles

These types of candles are normal candle 

Normal Healthy Candles

Abnormal Candles

We usually avoid trading if there are abnormal candles because abnormal candles also indicate indecision in the market 

Abnormal Candles
 

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.
Post a Comment (0)

#buttons=(Accept !) #days=(20)

Promise Me You Will Practice Hard to learn it 🙂 Learn More
Accept !
To Top