How To Predict Next Candlestick With Using Support And Resistanceођ Trading skills: how to predict and calculate the next. Candlesticks with support and resistance.
рџ љ Price Action How To Predict Next Candlestick W Support And It is represented by a long green bar and a smaller red bar. hammer: in the hammer case, the candlestick has a shorter body and a long lower wick. it indicates that the buyers have increased the selling price, and pressure is built on the seller’s market. in this case, the next candlestick is always a green one. In this video, i would tutor you on how to predict the next candlestick using candlestick psychology and pure price action, to help you make consistent profi. In candlestick charting, the area between the opening and closing prices is boxed (figure 1.1). if price closes higher than it opens, the boxed area is hollow (white) indicating the session was bullish. if price closes lower than it opens, the boxed are is shaded (black) representing a bearish session. To predict the next candlestick, traders must first analyze the previous candlesticks to identify patterns and trends. this can be done using various tools and indicators, such as moving averages, support and resistance levels, and trend lines. once a pattern is identified, traders can use this information to predict the direction of the next.
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