Japanese Candlestick patterns have been popular and widely used by traders. There are several major Candlestick Patterns which most technical traders should be familiar with, such as: Bullish vs. Bearish Engulfing, Harami Bullish vs. Bearish, Piercing Line vs. Dark Cloud Cover, Hammer vs. Hanging Man, Inverted Hammer vs. Shooting Star, etc.
This video shows the real current example for BEARISH ENGULFING Candlestick Pattern in the Nasdaq market. Do watch it to see the more detail analysis and why you should pay attention to this pattern when it appears in the chart.
You may want to read this previous article to find out more about Bullish & Bearish Engulfing Candlestick Pattern.
To learn about other Japanese Candlestick pattern, please refer to the following:
Learning Candlestick Charts
Other Learning Resources:
* FREE Trading Educational Videos with Special Feature
* FREE Trading Educational Videos: Learn Technical Analysis from Award Winning Author John Murphy
Related Topics:
* Learning Charts Patterns
* Options Trading Basic – Part 1
* Options Trading Basic – Part 2
* Option Greeks
* Understanding Implied Volatility (IV)
* Understanding Option’s Time Value
Friday, July 2, 2010
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