Are candles bullish or bearish?
I'm wondering about the interpretation of candles in the financial market. Specifically, I want to know if candles are generally seen as a bullish or bearish indicator.
What is the 5 candle rule?
The 5 candle rule, also known as the 5-second rule, is a popular belief that food dropped on the floor is SAFE to eat if picked up within five seconds. However, the rule's validity has been debated, with studies showing that the longer food remains on the floor, the greater the risk of contamination by bacteria. The type of flooring also affects the likelihood of bacteria transfer.
What is the 8 10 rule for candles?
I heard about a rule called '8 10 rule' related to candles, but I'm not sure what it exactly means. Can someone explain this rule to me in detail?
What do Bitcoin candles mean?
I'm looking at a Bitcoin chart and there are these candlestick patterns. I'm wondering what they represent and how I can interpret them to understand the market better.
What is the 3 candle rule in trading?
The 3 candle rule in trading is a technical analysis technique that involves observing the price action of a security over a specific time frame, typically represented by three consecutive candles on a price chart. This rule aims to identify trends and potential trading signals based on the patterns formed by these three candles.