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Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. Help ... Pages in category "Candlestick patterns"
The aspects of a candlestick pattern. A candlestick chart (also called Japanese candlestick chart or K-line [7]) is a style of financial chart used to describe price movements of a security, derivative, or currency. Stock price prediction based on K-line patterns is the essence of candlestick technical analysis.
Candlestick charts serve as a cornerstone of technical analysis. For example, when the bar is white and high relative to other time periods, it means buyers are very bullish. The opposite is true when there is a black bar. A candlestick pattern is a particular sequence of candlesticks on a candlestick chart, which is mainly used to identify trends.
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:
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 ...
By itself, the Doji candlestick only shows that investors are in doubt. However, there are main patterns that can be easily found on the chart. [3] [4] Specifically, there are two patterns purportedly providing trend confirmation: The morning Doji star is a three-candlestick pattern that works in a strong downtrend.
National Language Authority in Pakistan has been at the forefront in introducing Urdu Informatics as a tool for the standardisation of Urdu language. [1] Major steps in this respect include the development of Urdu keyboard and launching of software to automate translations between Urdu and English languages .
Free and open-source software portal; Open-source software Urdu localization was initiated by the Center for Research in Urdu Language Processing (CRULP) at the National University of Computer and Emerging Sciences, through its PAN Localization Project, funded by IDRC in Canada. The localization of the following open source software is in progress: