Silver Candlesticks Guide
Candlesticks Patterns Tutorial for Day Trading
To draw these silver candlesticks on the MT4, choose the charts plotting tools within the "MT4 Toolbar" - shown below.
To view this toolbar in MT4 navigate to "View" Next to file at top left corner of MT4 Platform, Click "View", Then Click "Tool bars", Then check "Charts" Button. Above tool bar will appear.
Once the above toolbar, appears you can then select the type you want to convert to, If you want to trade using the bar silver charts, click the bar tool button as shown above, for line silver charts click the line tool button, for Japanese candlesticks patterns format click the "candlesticks xagusd chart tools button".
Silver Trading Candlesticks Guide
Doji XAGUSD Trading Candlesticks Guide
This is a silver candlestick pattern with the same opening & closing xagusd trading price. There are various types of doji xagusd candles pattern which form on Silver charts.
The following example show various patterns of the doji xagusd candlestick:
Long-legged doji silver candlestick pattern has long upper and lower shadows with opening & closing xagusd price at the middle. When the Long-legged doji pops up on a Silver chart it indicates indecision between xagusd traders, the buyers and sellers.
Below is an example image image of the Long Legged Doji xagusd candles pattern
Doji XAGUSD Chart Pattern - Doji Silver Candlesticks Tutorial
Doji XAGUSD Chart Pattern - Doji Silver Candlesticks Tutorial
Marubozu XAGUSD Trading Candlesticks Guide
Marubozu silver candle pattern are long candlesticks which have no upper or lower shadows, Like the ones displayed and shown below.
Marubozu Silver Candlesticks Tutorial
Marubozu silver candle pattern are continuing silver candlestick patterns which show xagusd price is going to continue in same direction as that of marubozu xagusd trading candlestick. The marubozu xagusd candles pattern can be white/blue or Black/red depending on the direction of the silver trend.
Spinning Tops Candlesticks XAGUSD Trading Candlesticks Guide
Spinning tops silver candle pattern have a small body with long upper & lower shadows. These spinning tops xagusd candles patterns are referred to by this name because these candles arrangements are similar to spinning top on a match-stick.
The upper & lower shadows of spinning tops xagusd candles pattern are longer than the body. The example explained and shown below shows the spinning top silver candle pattern. You can look for pattern in your MT4 Silver Trading Platform silver charts. The example explained and shown below shows a screenshot to help traders when it comes to learning and understanding these silver candle pattern.
Spinning Tops Silver Candlesticks Tutorial
The color of the spinning top candlestick xagusd candles pattern isn't very important, this formation explain the indecision between buyers and sellers in the Silver Trading market. When these xagusd chart patterns appear at the top of a silver trend or at the bottom of the silver trend it might signal that the silver trend is coming to an end & it might soon reverse and start going the other direction. However, it is best to wait for confirmation silver trading signals that the direction of a silver instrument has reversed before trading the signal from this silver candlestick pattern formation.
Hammer XAGUSD Candlestick Pattern and Hanging Man XAGUSD Candlestick XAGUSD Trading Candlesticks Guide
Hammer Silver Candlestick Pattern and Hanging Man Silver Candle Pattern candlesticks look alike but hammer is bullish reversal silver candlestick pattern & hanging man is a bearish reversal silver candle pattern.
Silver Candlesticks Tutorial
Hammer Candle XAGUSD Trading Candlesticks Guide
Hammer silver candlestick pattern is a potentially bullish silver candle pattern which occurs during a downward silver trend. It is named so because the xagusd trading market is hammering out a market bottoms.
Hanging Man Candlestick XAGUSD Trading Candlesticks Guide
This hanging man silver candlestick pattern is a potentially bearish silver trading reversal silver trading signal that forms during a upward silver trend. It's named so because it looks like a man hanging on a noose up high.
Silver Candlesticks Tutorial
Inverted Hammer Candlestick XAGUSD Trading Candlesticks Guide
This is a bullish reversal silver candle pattern. It occurs at the bottoms of a Silver trend.
Inverted hammer silver candlestick pattern occurs at the bottoms of a down silver trend and indicates the possibility of reversal of the downward xagusd trend.
Silver Candlesticks Tutorial
Shooting Star Candle XAGUSD Trading Candlesticks Guide
Shooting Star is a bearish reversal silver candlestick pattern. It forms at the top of a xagusd trend.
Shooting Star silver candlestick pattern form at the top of an up silver trend in the Silver Trading market where the open xagusd trading price is the same as the low & xagusd price then rallied up but was pushed back downwards to close near the open.
Shooting Star Candlestick - Silver Candlesticks Tutorial
Piercing Line Candle XAGUSD Trading Candlesticks Guide
Piercing line candle pattern is a long black body followed by a long white body candlestick.
White body pierces the midpoint of the prior black body.
This Piercing Line silver candle pattern is a bullish reversal silver candlestick pattern that occurs at the bottom of a market downward silver trend. It shows that the xagusd trading market opens lower & closes above midpoint of the black body.
This Piercing Line silver candlestick pattern shows that the momentum of the down silver trend is reducing & xagusd trading market silver trend is likely to reverse & move in an upwards direction.
This Piercing Line silver candle pattern is displayed referred to as a piercing line signifying the xagusd market is piercing the bottom showing a market floor for xagusd trading price downwards silver trend.
Silver Candlesticks Tutorial
Dark Cloud Cover Candle XAGUSD Trading Candlesticks Guide
Opposite of piercing candle-stick xagusd candlestick.
This candle is a long white body followed by a long black body.
Black body pierces the mid point of the prior white body.
This is a bearish reversal silver trading pattern which occurs at the top of an upwards silver trend.
Dark Cloud cover silver candle pattern that the xagusd trading market opens higher & closes below the midpoint of the white body.
Dark Cloud cover silver candlestick pattern shows that the momentum of the up silver trend is reducing & xagusd trading market silver trend is likely to reverse & move in a downwards silver trading direction.
Dark Cloud cover silver candlestick pattern is shown known as a cloud cover signifying the cloud as a ceiling for xagusd trading price upwards silver trend.
Dark Cloud Cover XAGUSD Candlestick Pattern - Silver Candlesticks Tutorial
Morning Star Candle XAGUSD Trading Candlesticks Guide
Silver Candlesticks Tutorial
Evening Star Candle XAGUSD Trading Candlesticks Guide
Opposite of the morning star xagusd candles pattern
Silver Candlesticks Guide - Candlestick Guide
XAGUSD Candlesticks Tutorial
Engulfing is a reversal silver candlestick pattern which can be bearish or bullish depending upon whether it appears at the end of a silver market down silver trend or at the end of a silver market upwards silver trend.
Silver Candlesticks Tutorial
Drawing Silver Candlesticks on MT4 Software - Candlesticks Patterns Tutorial for Day Trading