Bullish Gold Candlestick Patterns PDF
Engulfing Candlestick Pattern
Engulfing Candlestick Pattern is a reversal candlestick pattern that can be bearish or bullish depending upon whether it appears at the end of a xauusd down trend or at the end of a xauusd upward trend.
Bullish Engulfing Candlestick Pattern - Bearish Engulfing Candlestick 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 candlestick and it should have the opposite color.
For Bullish Engulfing the color of the candlestick should be Blue
For Bearish Engulfing the color of the candlestick should be Red
Bullish Engulfing Candlestick Patterns PDF - Bullish Gold Candlestick Patterns PDF - Types of Engulfing Candlestick Patterns
Evening Star Candle Pattern
Morning Star Candlestick Pattern
Morning Star Candle Pattern
Morning Star Candlestick Pattern
Morning star is a three day bullish reversal candlestick pattern.
The first day is a long black candlestick.
The second day is a morning star that gaps away from the long black candlestick.
Third day is a long white candlestick that fills the gap.
The filling of the gap and closing of the white candlestick above the 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 the morning star. This is the confirmation signal of a buy signal generated by this candlesticks pattern.
Evening Star Candle Pattern
Opposite of the morning star
Evening Star Candlestick Pattern
Evening Star Candlestick Pattern
Evening star is a three day bearish reversal candlestick pattern.
The first day is a long white candlestick.
The second day is the evening star that gaps away from the long white candle.
Third day is a long black candlestick that fills the gap.
The filling of the gap and closing of the black candlestick 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. This is the confirmation signal of a sell signal generated by this gold trading candle pattern.
