Which time frame is best for day trading?
It is always better to strategically invest your time. A lot of research has suggested that the best time frame for intraday trading is usually between 9:30 am-10:30 am. If you are a beginner, it is always better that you observe the market for the first 15 minutes and then start trading.
Which minute candle is best for intraday trading?
15 minute is the Best candle time frame for intraday. And another question, is candlestick trading profitable? Tested, proven, and successful, Japanese Candlestick charting and analysis is one of the most profitable?yet underutilized?ways to trade the market.
What is white Marubozu?
A White Marubozu is a one day bullish indicator that moves upward and is considered very bullish. If a White Marubozu occurs at the end of an uptrend, a continuation is likely. If a White Marubozu occurs at the end of a downtrend, a reversal is likely. What is Evening Star candlestick? An evening star is a candlestick pattern used by technical analysts to predict future price reversals to the downside. Although it is rare, the evening star pattern is considered by traders to be a reliable technical indicator. The evening star is the opposite of the morning star pattern.
Keeping this in consideration, what is dragon fly doji?
A Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same.
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