Umbrella lines
Umbrella lines play a crucial role as candlestick patterns for identifying trend reversals. When this pattern emerges during a downtrend,…
Year: 2023
Hammer
As we have discussed from the previous module, The hammer is a candlestick pattern that shows up when a downtrend…
The hanging man
As we have discussed from the previous module, The hanging man is a candlestick pattern that shows up when an…
The Bullish Engulfing pattern
The Bullish Engulfing pattern is a widely recognized combination of two or more candles, commonly observed for trend reversal. There…
The Dark Cloud Cover
The Dark Cloud Cover is a bearish reversal candlestick pattern that emerges during an uptrend. It implies a potential shift…
The Piercing Pattern
The Piercing Pattern helps to identify continuation pattern and whether there is possible reversal of uptrend to downtrend. It usually…