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Investing News Network on MSNThe Trader’s Flashlight in a Market Fog: What are Candlestick Patterns?From Tokyo rice markets to Wall Street trading floors, candlestick patterns have stood the test of time. Now, in the ...
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Finally, the closing price's relationship to the open determines whether the candlestick is bullish or bearish. If the price closes above the open price, the candlestick is bullish. On the other ...
Besides bullish and bearish patterns, there are so-called neutral candlestick chart patterns like doji. They often signify indecision in the market when the relative strength of buyers and sellers ...
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