Bullish Gold Candle Patterns PDF
Engulfing Candlestick Pattern
Engulfing Candle Pattern is a reversal candlestick pattern that can be bearish or bullish depending upon whether it shows up at the end of a xauusd down trend or at the end of a xauusd upwards trend.
Bullish Engulfing Candlestick Pattern - Bearish Engulfing Candle Pattern
Bearish Engulfing XAUUSD Candle in an Up xauusd trend
The color of the first candlestick indicates the xauusd trend of the day.
The second candlestick should completely engulf the first candle stick & it should have opposite color.
For Bullish Engulfing the color of the candlestick should be Blue
For Bearish Engulfing the color of the candle should be Red
Bullish Engulfing Candle Patterns PDF - Bullish Gold Candle Patterns PDF - Types of Engulfing Candle Patterns
Evening Star Candlestick Pattern
Morning Star Candle Pattern
Morning Star Candlestick Pattern
Morning Star Candle Pattern
Morning star is a three day bullish reversal candle pattern.
The first day is a long black candlestick.
The second day is a morning star which gaps away from the long black candle.
Third day is a long white candle that fills the gap.
Filling of the gap and closing of the white candlestick above gap is a strong bullish gold trading signal.
Traders should open a buy xauusd trade after market gold price closes above the gap formation of morning star candle stick pattern. This is the confirmation trading signal of a buy signal generated by this candle sticks pattern.
Evening Star Candle-Stick Pattern
Opposite of the morning star
Evening Star Candle-stick Pattern
Evening Star Candlestick Pattern
Evening star is a three day bearish reversal candle pattern.
The first day is a long white candle stick.
Second day is the evening star that gaps away from long white candle-stick.
Third day is a long black candlestick that fills the gap.
Filling of the gap & closing of the black candle-stick below the gap is a strong bearish gold trading signal.
Traders should open a sell xauusd trade once the xauusd market closes below the gap formation of the evening star candle pattern. This is the confirmation signal of a sell signal generated by this gold trading candlestick pattern.
