Log in
/ Bear

Bear

Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 1 October 2023 What Does the Term ‘Bear Candle’ Denote in the Realm of Forex? In the world of forex trading, technical analysis is a widely used tool to predict future market movements. One of the most popular methods of technical analysis is charting, which involves looking at historical data and using it to forecast future trends. In charting, traders use different types of candles to represent different market conditions. One such candle is the bear candle, which has a specific meaning and can be used as an indicator of potential bearish activity in the market. A bear candle is a type of candlestick that indicates a downward trend in the price of an asset or currency pair. It appears on charts as a red or black candle with a long lower wick and short upper wick (or no upper wick at all). The lower...