CONTINUATION CANDLESTICK PATTERN EXPLAINED
- In this article, we will discuss about the Continuation Candlestick Patterns.
- You can increase your knowledge about the technical analysis by reading this article.
• There are three types of Candlestick Patterns :
- [A] Bullish Candlestick Pattern
- [B] Bearish Candlestick Pattern
- [C] Continuation Candlestick Pattern
CONTINUATION CANDLESTICK PATTERNS
1) Rising Window
- A Rising Window candlestick is the combination of two candle. It is uptrend continuation candlestick pattern.
- In this candlestick , both candles are strong bullish (green) and price gap between two candles.
- Means , the low of second candle does not touch the high of first candle.
- Rising Window candlestick also known as Gap-Up candles.
2) Falling Window
- Falling Window candlestick is the combination of two candle. It is downtrend continuation candlestick pattern.
- In this candlestick , both candles are strong bearish (red) and price gap between two candles.
- Means , the high of second candle does not touch the low of first candle.
- Falling Window candlestick also known as Gap-Down candles.
3) Rising Three Methods
- Rising Three Methods candlestick is the combination of five candles. It is a uptrend continuation candlestick pattern.
- In this candlestick , first & fifth candles are strong bullish (green) and second , third & fourth candles are small bearish (red).
4) Falling Three Methods
- Falling Three Methods candlestick is the combination of five candles. It is a downtrend continuation candlestick pattern.
- In this candlestick , first & fifth candles are strong bearish (red) and second , third & fourth candles are small bullish (green).
5) Upside Tasuki Gap
- Upside Tasuki candlestick is the combination of three candles. It is a uptrend continuation candlestick pattern.
- In this candlestick , first & second candles are strong bullish & third candle is small bearish.
- In this candlesticks , price gap between first & second candle and third bearish candle that close in the gap formed between first & second bullish candles.
6) Downside Tasuki Gap
- Downside Tasuki candlestick is the combination of three candles. It is a downtrend continuation candlestick pattern.
- In this candlestick , first & second candles are strong bearish & third candle is small bullish.
- In this candlestick , price gap between first & second candle and third bullish candle that close in the gap formed between first & second bearish candles.
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