Limitations of Candlestick
Candlestick charts are indeed powerful tools for traders, providing a visual representation of price movements in financial markets. However, it’s…
Category: TECHNICAL ANALYSIS
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…
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…