Candles.txt

Card Set Information

Author:
sddcom
ID:
28368
Filename:
Candles.txt
Updated:
2010-07-29 13:44:19
Tags:
candle
Folders:

Description:
candlestick
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The flashcards below were created by user sddcom on FreezingBlue Flashcards. What would you like to do?


  1. Doji close after a tall white candle can be what?
    Tallest area becomes a potential resistance area. Possible bullish breakout area or resistance area.
  2. Doji in a box range is not good.
    Dojo is of no use in a range area only after a rise or drop as a possible resistance area or support area
  3. Single candle isn't much use
    The overall technical picture is much more important than one candle.
  4. Candles are good for what
    Candles are good for showing early turning signals. Then you use the overall technical picture for price targets and determine the best risk/reward and if the trade is a possible good trade

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