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Download as PDF; Printable version; In other projects Wikidata item; ... Pages in category "Candlestick patterns" The following 9 pages are in this category, out of 9 ...
A candlestick is a device used to hold a candle in place. Candlesticks have a cup or a spike ("pricket") or both to keep the candle in place. Candlesticks are sometimes called "candleholders". Before the proliferation of electricity, candles were carried between rooms using a chamberstick, a short candlestick with a pan to catch dripping wax. [1]
The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern. There are 42 recognized patterns that can be split into simple and complex patterns. Steve Nison is the person who introduced candlesticks to the West. [4] Below is a list of commonly used candlestick patterns:
Candelabra is a form of candlestick; candlestick is defined as an object that holds a candle, [8] [9] and candelabra can be defined as a branched holder that supports multiple candles. [3] [10] "Candelabra" has been used to describe all branched candle holders, including chandeliers. The distinction between a candelabrum and a chandelier, the ...
Candle holder or candleholder may refer to: Candlestick, a small device using a cup or spike to hold a candle in place; Sconce (light fixture), a fixture attached to a wall that holds a candle or lamp; Candelabra, a decoration holding candles on multiple arms; Chandelier, a branched ornamental light fixture designed to be mounted on ceilings or ...
Harami is a type of Japanese candlestick pattern represented by two bodies, the first of them, larger, with black or red body and the second one, white or green. Its name derives from the Japanese word that means “pregnant” because the graphic that shows resembles a pregnant woman.
Altar candles are tall, thin candles made of beeswax and stearine. They are topped with a brass or glass candle follower, which helps keep wax from spilling on the altar linens. Altar candles are lit using a taper, which is a lit wick attached to a long handle.
The pattern is made up of three candles: normally a long bearish candle, followed by a short bullish or bearish doji or a small body candlestick, [1] which is then followed by a long bullish candle. To have a valid Morning Star formation, most traders look for the top of the third candle to be at least halfway up the body of the first candle in ...