How to Simply Compare the Candlestick Strength?
There are many types of candlestick patterns, each representing a different trend and reversal. The reason for the formation of "signals" is the result of the game between long and short forces.![]()
As investors, if we can follow the trend of the main force at the right time, we could better identify investment opportunities.
The game between long and short is actually not so difficult. There are 8 common situations that Cici has summarized for you to remember!
To put it simply, if a candlestick pattern's body is longer, it represents the strength of a certain side is stronger. For example, a bullish candle with a long body often means that the buyers are in control from open quotation to close quotation.
Conversely, the length of the upper and lower shadows indicates the extent of disagreement between buyers and sellers. For example, a "shooting star" with a long shadow line is often a sign that the sellers have entered the market and are in control of the situation.
Mastering this principle enables you to quickly determine the strength of candlestick patterns. If you can't remember it all at once, feel free to save the chart! Also, you can learn more through the course “Trading Tutorials-Candlestick Patterns”![]()
Click this link to review the content of Bullish & Bearish Candlestick Patterns
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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71382035 : You made this simpler to understand,than at least 8 people I've watched on YouTube. thank youuuu
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