AUDSGD easy scalping trade chance
Bearish trend patterns can form with
one candlesticks most require bearish confirmation with upper shadow
The actual trend indicates that selling pressure
overwhelmed buying pressure for one days,
it indicate selling or lack of buyers will continue to push prices lower.
many of these patterns would be considered bear market coming soon
Bearish candlestick means further downside follow through,
such as a gap down, long black candlestick or high volume decline.
Because candlestick patterns are indicate strong trend initial
and usually effective for 1-2 weeks,
bearish confirmation should come within 1-3 days.
A short day indicate small price move and upper shadow
from open to close, where the length of the candle body is short.
long shadow and buyers decline and trend reversal.
sellers take price down to close near the open of the previous day
more sellers were able to drive price back down
This formation suggests short trade have begun
and new trend initial.
A Short Day pattern conveys that
the price didn’t progress very far from top of the day
This means that the buyers fail and sellers start to short trading
a Short Day candlestick typically trade entry or exit.
very good trade chance
providing these signals with more relevance.
For example, you can find
Short Day candlesticks within the harami