What are the key patterns to look for in GME candlestick charts?

1 answers

• Nov 27, 2021 · 3 years ago
  When analyzing GME candlestick charts, it's important to consider the key patterns that can provide valuable insights. One such pattern is the 'bullish harami' pattern, which occurs when a small bearish candle is followed by a smaller bullish candle that is completely contained within the previous candle. This pattern suggests a potential reversal in the price trend and can be a signal to buy. Another important pattern is the 'bearish harami' pattern, which is the opposite of the bullish harami pattern and can indicate a potential trend reversal. Traders should also look for 'rising three methods' and 'falling three methods' patterns, which can signal a potential continuation or reversal in the price trend. By understanding these key patterns, traders can enhance their analysis of GME candlestick charts and improve their trading strategies.
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