Analisis Pola Grafik Candlestick pada Pergerakan EUR/USD

Authors

  • Yoyo Cahyadi Bina Nusantara University

DOI:

https://doi.org/10.21512/bbr.v3i2.1357

Keywords:

Candlestick, technical analysis, foreign exchange

Abstract

Candlestick chart is one of the charts which is commonly used in technical analysis. Besides for price overview in the past, this chart has patterns that can be analysed to become guidance about next price movement. There are some patterns with specific name in candlestick chart analysis. This paper discusses candlestick chart patterns in the EUR/USD currency pair within daily time frame. The observation shows that candlestick chart patterns indeed gave more guidance about trend changes. Although the candlestick patterns
did not show everyday, in most cases the patterns gave right guidance.

Author Biography

Yoyo Cahyadi, Bina Nusantara University

Accounting Department

References

Ong, E. (2008). Technical Analysis for Mega Profit. Jakarta: Mega Offset.

Vibby, S. (2006). When To Buy And Sell, Candlestick Can Tell. Jakarta: Vibby Printing.

William, R., & Jafari, S. (2011). Japanese Candlesticks: Bloomberg.

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Published

2012-11-30