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INDICATORS OF TECHNICAL ANALYSIS

CANDLESTICK CHART:
A candlestick chart is a style of bar-chart used primarily to describe price movements of a security. It is most often used in technical analysis of equity and price patterns.
1.     It is a combination of a line-chart and a bar-chart,
2.     Each bar represents the range of price movement over a given time interval.

ক্যান্ডেল স্টিক Chart হল, BAR Chart এর একটি Style; যা প্রধানত কোন শেয়ারের মূল্য কোনদিকে পরিবর্তিত হচ্ছে বা হতে পারে তা ব্যাখ্যা করতে ব্যবহৃত হয়। শেয়ার মার্কেটের Technical Analysis এ Candlestick Chart বহুল ব্যবহৃত একটি পরিমাপক।



Candlesticks are usually composed of the body (black or white), and an upper and a lower shadow.
1.     The area between the open and the close is called the real body. For a lower closing Black or Red, for a higher closing White or Green.
2.     Price excursions above and below the real body are called shadows. The shadow illustrates the highest and lowest traded prices of a security during the time interval.

Candlestick গুলো সাধারণত সাদা বা সবুজ/কাল বা লাল Body (মূল অংশ) এবং নিচের ও উপরের  Shadow দ্বারা গঠিত।
১. শেয়ারের Opening Price এবং  Closing price দ্বারা গঠিত মূল অংশটি হল Candlestick এর মূল Body। কোন শেয়ারের Opening Price এর তুলনায়   Closing Price যদি নিম্নমুখী বা নিচে হয়, তবে Candlestick এর মূল Body কাল বা লাল হবে অর্থাৎ Sell Presure বুঝায়। সাদা বা সবুজ Bodyর ক্ষেত্রে ঠিক তার উল্টোটা হবে।
২. কোন শেয়ার নির্দিষ্ট সময়ে Candle Stick এর মূল Bodyর উপরে ও নীচে Highest Price ও  Lowest Price দ্বারা গঠিত লাইন কে Shadow বলে।


Use of candlestick charts:
Candlestick charts are a visual aid for decision making in stock trading. For example, when the bar is white and high relative to other time periods, it means buyers are very bullish. The opposite is true for a black bar.

শেয়ার মার্কেটে Candle Stick Chart সাধারণত কোন Stock এর উঠানামা (Movement) নির্ণয়ের ক্ষেত্রে অথবা Buy বা Sell এর সিদ্ধান্ত গ্রহণের ক্ষেত্রে পরিমাপক হিসাবে ব্যবহৃত হয়। যেমন- যখন Candle Stick এর Bar সাদা বা Green দেখায় তখন Buying Pressure বুঝায়। কাল বা Red Bar এর  ক্ষেত্রে ঠিক তার উল্টোটা প্রকাশ করবে।

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Candlestick simple patterns



It has an unusually black long body with a wide range between high and low. Prices open near the high and close near the low. It is considered as a bearish pattern.  



It has an unusually long white body with a wide range between high and low of the day. Prices open near the low and close near the high. It is considered as a bullish pattern.  

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DOJI



It is formed when opening and closing prices are virtually the same. The length of shadows can vary. It is considered that doji candlesticks are usually components of many candlestick pattern.  

DRAGON FLY DOJI



It is formed when the opening and the closing prices are at the highest of the day. If it has a longer lower shadow it signals more bullish trend. When it appears at market bottom it is considered as a reversal signal.

GRAVESTONE DOJI



It is formed when the opening and closing prices are at the lowest of the day. If it has a longer upper shadow it signals more bearish trend. When it appears at market top it is considered as a reversal signal.

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LONG LODGE DOJI



It consists of a Doji with very long upper and lower shadow. When it appears at market top it is considered as a reversal signal.

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Complex patterns

BULLISH 3 METHOD FORMATION



It consists of a long white body followed by three small bodies (normally black) and a long white body. The three black bodies are contained within the range of first white body. This is considered as a bullish continuation pattern.

BEARISH 3 METHOD FORMATION



It has a long black body followed by three small bodies (normally white) and a long black body. The three white bodies are contained within the range of first black body. This is considered as a bearish continuation pattern.

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HMM! Its good to see that you have started learning! Good job! carry on bro!

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Originally Posted by Forex Trader:
HMM! Its good to see that you have started learning! Good job! carry on bro!

There is no limit of learning, U can join with us. Thankx BRO.....

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i also learn a little from here !!!!!
thanks ura dhura bro !!!!

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Originally Posted by Rakib Ul Hasan:
i also learn a little from here !!!!!
thanks ura dhura bro !!!!

U R most welcome. The more U read the more U learn.

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THNX BROTHER,,,WHEN R U GOING TO POST UR FOLLOW UP LESSON?

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THanks UDM

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THREE BLACK CROWS PATTERNS

                    

It consists of three long Black (i.e-RED) candlesticks with consecutively lower closes. The closing prices are near to or at their lows. When it appears at top it is considered as a top reversal signal.


THREE WHITE CROWS PATTERNS

          

It consists of three long White (Green) candlesticks with consecutively higher closes. The closing prices are near to or at their highs. When it appears at bottom it is interpreted as a bottom reversal signal.

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Originally Posted by Rezaul Karim Sheikh:
THanks UDM

U R always welcome.

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  EVENING STAR



It consists of a large white (Green) body candlestick followed by a small body candlestick (black or white i.e. Red or Green) that gaps above the previous. The third is a black (Red) body candlestick that closes well within the large white body. It is considered as a reversal signal when it appears at top level.  

EVENING DOJI STAR



It consists of three candlesticks. First is a large white (Green) body candlestick followed by a Doji that gap above the white(Green) body. The third candlestick is a black (Red) body that closes well into the white (Red) body. When it appears at the top it is considered as a reversal signal. It signals more bearish trend than the evening star pattern because of the doji that has appeared between the two bodies.  

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I want to learn from A B C