What is Candlestick?
Japanese candlestick charts are visually insightful method of representing price movements in financial markets. It is Developed in Japan in…
Month: March 2023
Limitations of Candlestick
Candlestick charts are indeed powerful tools for traders, providing a visual representation of price movements in financial markets. However, it’s…
Spinning Top
Spinning top indicated indecision in the market between buyers and sellers. This pattern consists of small real body and long…
Doji Pattern
Doji is very important pattern and it will be used in explaining other patterns in upcoming module. Doji shows market…
Reversal pattern
In technical analysis, a reversal pattern refers to a distinct chart formation that hints at a possible shift in the…
Umbrella lines
Umbrella lines play a crucial role as candlestick patterns for identifying trend reversals. When this pattern emerges during a downtrend,…
Hammer
As we have discussed from the previous module, The hammer is a candlestick pattern that shows up when a downtrend…