Strong Bullish & Bearish Candles by Azeez Mustapha
In any given trading day, bulls and bears battle it out. Even if a trend is generally bullish, there’ll still be some selling going on. The reverse applies to a bearish trend. How can you get a sense of who is winning the battle at any given moment? Some candlestick patterns reveal this information better than others. Here are some to consider.
A trending or high-volatility market is a more favorable environment for making profits. On the other hand, if the market is in equilibrium or has low volatility, it can be difficult to make money. As an astute trader, you would rather ignore low-volatility markets and thrive in high-volatility markets. But even in high-volatility or trending markets, you still have to work hard to find trading opportunities. In this article, I’ll discuss candlestick patterns that can help you identify trading opportunities and a strategy you can use to play such candlesticks ...