Candlestick Patterns & Altitude Chart (Supply/Demand) Flashcards Preview

Swing Trading > Candlestick Patterns & Altitude Chart (Supply/Demand) > Flashcards

Flashcards in Candlestick Patterns & Altitude Chart (Supply/Demand) Deck (11)
Loading flashcards...
1

Red Sticks open at the ___ and close at the ___.

Top/Bottom

2

Green Sticks open at the ___ and close at the ___.

Bottom/Top

3

Red Candle Sticks is an indication of what direction.....?

Bearish

4

Green Candle Sticks are an indication of what direction....?

Bullish

5

The pattern of Breakout & Tight Bull Channels

Up - three green candles in a row

6

Trading Ranges Move in what direction

sideways

7

The pattern of Breakout & Tight Bearish Channels

Down - three red candles in a row

8

What zone is in the red box and what do people do in that zone?

Supply/Sell

9

What zone is in the green box and what do people do in that zone?

Demand/Buy

10

What are the components of an Altitude Chart?

Swing Low-Swing High-50% Line

11

When do buyers have power?

When the price is cheap