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What is a bullish pattern?
Bullish: This pattern marks the reversal of a prior downtrend. The price forms two distinct lows at roughly the same price level. Volume reflects weakening of downward pressure, tending to diminish as it forms, with some pickup at each low and less on the second low.
What do 2 crows mean?
When two crows caw, it is an indication of good luck that signifies that some good news is on the way or you will witness is good fortune. What does 3 red candles mean? There are three consecutive red candles with long bodies on three trading days. Candlestick charts show open, low, close and high prices of a trading day. This implies that the price of the security has remained within the low and high range of the day.
Accordingly, what is a bearish candle?
A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or ""engulfs"" the smaller up candle. What is the most powerful candlestick pattern? 1. Doji. Considered to be one of the most important single candlestick patterns, the doji can give you an insight into the market sentiment. Dojis are said to be formed when the opening price and the closing price of a stock are the same.
What does the Six of Cups mean in a love reading?
In a love Tarot reading, if you are in a relationship, the Six of Cups can simply indicate that you and your partner are childhood sweethearts. In a career reading, the Six of Cups is generally a good omen. It signifies creativity, sharing and goodwill.
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