The ratio is a contrarian indicator, interpreted as follows:
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To re member them easily think of them as W-shapes on Chart pattern s.
Try to spot and interpret the pattern on your own before relying on the blue arrows and explanations. At the end of the uptrend which happens to land at the end of the session , a bearish Harami Cross appears. The bulls push the price a bit higher, but their upward thrust is followed by a period of indecision. The uptrend will likely conclude with the doji, either moving sideways or downward after that.
This second example begins with a wave-like motion, softly moving up and down. At the peak of one of the waves, a bullish candle is followed by a doji, forming a bearish Harami Cross.
As you might expect, the price gradually drops after that. You can thank the bearish Harami Cross for warning investors about the downtrend! Then, a doji appears, signifying a period of indecision.
Neither the bulls nor the bears can get a firm grasp of the price, so the period closes at the same price that it opened. The market sidles along after that, moving sideways with two short candles. The indecisiveness ends when the bulls take the reins and propel the price upward.
As you have learned, Harami Cross patterns tend to precede sideways movements and uptrends. In this example, the price immediately jumps upward with a long bullish candle.
The succeeding uptrend extends quite far, making up about half of the overall chart. Confirmation As always, we recommend that you confirm the Harami Cross candlestick pattern before making any rash decisions. In addition, remember that a Harami Cross can predict sideways movement or a complete reversal.
The shadows on both upside and downside should be at least the length of the real body, preferably larger. Unlike most candlesticks, the color of the real body is not important.
An example of both white and black session spinning tops is shown in the figure. Spinning tops show up frequently in most stock charts, which can be either good or bad. Frequent occurrence can also mean many failed signals, so like all candlesticks, spinning tops only serve as one indicator, and have to be confirmed by other candlesticks or technical signals. Finding the spinning top is not difficult; interpreting its meaning is the real challenge, especially since it consists of only one session.
Typically, confirmation can be found in what happens during the same session for example, a volume spike or immediately afterward gapping price movement, for example. Also keep an eye on proximity to resistance or support levels.
These interpretations are easy to spot in hindsight, but much more challenging in the moment. This is why the best use of candlesticks is in conjunction with an interpretative method of confirmation. Use both Eastern and Western signals and trends to time entry or exit. And remember that no indicator gives you certainty, but when applied wisely, confirmation with strong signals improves your timing.
That is the real key. Finally, you do not have to decide to use only the Western or Eastern indicators. Both have value, and when studied together to cross-confirm what they appear to reveal, they work best. Your charting skills improve when you use both systems together.
In a bull or "bullish" market, investors have increasing confidence in the stocks that are being bought and sold. In a bear or "bearish" market, .
Bullish long-term trading. When an investor is bullish for the long term, it means that he or she has a favorable view of the company's future and/or believes that the stock is undervalued at the current share price. Bullish Investors who believe that a stock price will increase over time are said to be bullish. Investors who buy calls are bullish on the underlying stock. That is, .
Stock traders and investors often use jargon, such as bullish or bearish, to express a financial viewpoint. Understanding trading jargon allows you to communicate with other traders and comprehend news stories and analysis pieces. Bullish and bearish are two of the most commonly used trading terms. 50 percent are bullish on emerging market equities, up from 42 percent last quarter, with 42 percent bullish and 8 percent very bullish. Belief that equities are undervalued falls to 6-year low The all important "trend" remains bullish and .
The term "bull" or "bullish" comes from the bull, who strikes upwards with its horns, thus pushing prices higher. A bull market is when an asset's price is rising--called an uptrend--typically over a sustained period time (relative to the trader's time frame). Bullish/bull and long are sometimes used interchangeably. Meaning of bullish. What does bullish mean? Information and translations of bullish in the most comprehensive dictionary definitions resource on the web. Login. The STANDS4 Network Get even more translations for bullish.