Menu
Member area
Derniers billets
No items to display
Blog
Annuaire
Vidéos récentes
No items to display
Vidéos
Derniers messages
No items to display
Forum
- Volatility Derivatives 1
- The world of Structured Products 4
- Library of Structured Products 0
- Table of Contents
- Vanilla Options
- Volatility, Skew and Term Stru
- Option Sensitivies: Greeks
- Option Strategies
- Correlation
- Dispersion Options
- Barrier Options
- Digitals
- Autocallable Structures
- The Cliquet Family
- Home /
- Trading /
- Technical Analysis /
- Candlestick Formations /
- Stars
Stars
Shooting Star
- price advanced well above open price at a certain time during day but closes lower than open price.
- black body with long upper wick.
- upper wick must be more than twice as large as black body.
- lower wick must be very small or nonexistent.
- must be on a bullish trend to be considered a shooting star!
Morning Star
- bullish candlestick pattern --> current downward trend is going to reverse.
It contains 3 candles.
First day:
- large black candle --> bears pushing the price down.
Second day:
- gap opening even lower --> bears keep on pushing the price down.
- small candle = doji = indecisiveness --> battle bears vs bulls that close at lower price than previous close.
Third day:
- large white candle that opens above the middle candle --> price recovery --> bullish
Evening Star
- bearish candlestick pattern --> current upward trend is going to reverse.
It contains 3 candles.
First day:
- large white candle --> bulls pushing the price up.
Second day:
- small candle that closes above the first candle --> upward trend is slowing and becoming weaker.
Third day:
- large black candle that opens below the previous candle and closes somewhere near the middle of the first candle's body.
