Deechristophermagic
What is a bear candle?
A close below an open indicates bearish market? sentiment. This is denoted by a red candle and is called a bear candle. A long wick on either side of the candlestick indicates strong rejection of a price level by the market. Sustained price movement in a particular direction is called a market trend.
What is tweezer top?
A tweezers top is when two candles occur back to back with very similar highs. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. The pattern is more important when there is a strong shift in momentum between the first candle and the second. What is the difference between hammer and inverted hammer? Hammer vs Hanging Ma. Their difference can be found in what type of trend the candle follows. If the pattern appears in a chart with an upward trend implying a bearish reversal, it is called the hanging man. If it appears in a downward trend indicating a bullish reversal, it is a hammer.
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