The price’s ascent from its session low to a higher close suggests that a more bullish outlook won the day, setting the stage for a potential reversal to the upside. The uptrend accelerates just prior to the formation https://g-markets.net/ of a shooting star. The shooting star shows the price opened and went higher (upper shadow) …

Hammer Candlestick Pattern A Powerful Reversal Signal Read More »

A Dragonfly Doji occurs when the opening and closing price is at the same level but, with a long lower wick. If you do, you’ll never have to memorize a single candlestick pattern again. Following the dragonfly, the price proceeds higher on the following candle, confirming the price is moving back to the upside. Below, …

What is a Doji Candlestick Pattern? How to Trade Doji Candle blog Read More »

Usually, brokers let you choose your preferred amount since it’s only virtual money. Brokers generally offer different types of accounts in order to meet the needs of various types of traders. Indices not only show the collective health of an industry or country’s economy, but they are also widely traded in financial markets as CFDs. …

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