No 4 Part 2 Types & Subtypes of candlesticks Patterns
Types of candlesticks Patterns
There are two types of candlesticks Patterns
No 1
single candle sticks pattern /
which is made from single candlesticks.
for example hammer is a single candle sticks pattern.
No 2
multiple candlesticks patterns /
which is made by more than 2 or more than 2 candles.for example three white soldiers
is a multiple candlesticks pattern.
Sub types
Types of Single Candlestick Pattern and Multiple Candlestick Pattern
NOTE
These four are similar like each but how they work
the major difference between (Bullish & Bearish candlestick patterns / Continuation pattern)
The speed
For example
It works like an example of a car gear which is used for speed.The driver changes the gear for increase the speed.
In the chart the same way if the trend is in bullish or bearish candlestick patterns and if it changes into Continuation pattern it will take conitune with the same direction speed.is called
Continuation Candlestick Pattern.
In Continuation Candlestick Pattern.you also see the momentum is also increase with candles
Note:-
(Continuation Candlestick Pattern) is also called (Gayer Candlesticks Pattern)