how do you identify a trading pattern based

  11. Continuation

Continuation is a signal that a trader looks for to stay in a trade. Traders try to find continuation patterns in the middle of the current direction and they predict which direction the price will move after the pattern is completed.

12. Selling Pressure

"Selling pressure" occurs when most traders are selling. Which indicates that most people support that the market price will decrease.

13. Buying Pressure

"Buying pressure" occurs when a majority of traders are buying, indicating that a majority of people support that the market price will rise.

14. Shadow

"Shadows" are the lines that run above and below the body of the candlestick on a candlestick chart; the upper shadow is usually called the "wick", while the lower is called the "tail". " is referred to as."

15. Open Price

"Open price" is the price at which a security first trades when the exchange opens. An open price may be different from the previous day's close price. It represents the first trading activity that occurs at the beginning of any exchange period.

16. Close Price

"Close price" is the price at which a security first closes the exchange. A close price may be different from the previous day's open price. It reflects the trading activity occurring after any exchange period.

17. High price or high

"High price" refers to the highest price a security has reached during a specified period.

18. Low Price or Low

"Low price" is a term in technical analysis that refers to the price of a security or indicator. A "low" is formed when a price is lower than any other nearby prices over a certain period of time.

19. Marubozu

"Marubozu" is a specific candlestick chart pattern that indicates that the price of a security did not go out of the open and closing price range. There are no shadows or highlights, making it clear that a significant and decisive price movement occurred during the given time frame.

20. Doji

A "doji" is a candlestick pattern that shows a balance between buyers and sellers. It's like a tug war in which neither the buyers (bulls) nor the sellers (bears) are winning. When you see a doji, it means there is ambiguity in the outcome of the latest conflict, and there is a balance between the two sides.

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