What are candlestick patterns in stock market technical data?

Question

Actually I want to understand all these. I just understand one pattern that is head and shoulders.
Bullish Enqulfing
Bearish Enqulfing
Piercing Line
Dark Cloud Cover

Answer 1

please check out

www.stockcharts.com. one of the best free stock charts out there. click on chart school button. japanese candle stick section in there

Answer 2

You can see Candlestick patterns for almost every stock traded in North America or London on these sites. They are a useful tool when used along with other information about the stocks you are interested in.
Sites also give you buy, sell and hold indicators.
Good luck.

Answer 3

Candlestick patterns indicate the open/high/lows/close of each day's trading. It's great for day traders, where knowing highs and lows are important, but attach volume information to it, and you have yourself a pretty good indicator of what might be going on with a particular stock.

Answer 4

Volatility in the forex is very a count of the desirable suited time physique. i would not use under the 1hr chart, preferably you would be wanting to apply the on a regular basis or 4hr chart. Candle stick varieties ought to consistently be utilized on the side of different alerts because those varieties purely sign a capability reversal from a help/resistance point. usual reversal varieties are bearish/bullish engulfing, interior bars, doji spinning desirable suited, hammer-opposite hammer, night/morning vast call. you should learn different varieties yet are in my opinion much less powerful. they do no longer ought to be "suitable" textual content fabric e book examples on a chart. there's a brilliant style of the time a level of distortion, the extra distorted the fewer valid it is going to become. it extremely is something you learn by journey. ordinary, recognizing a reversal candle development is reasonably on the instant forward and easy, while there's a competent quantity of doubt do no longer commerce it. yet another great component approximately candle varieties is that it helps one to set a provide up loss, many times inserted a pair of pips faraway from the different severe of the development....