Candle stick individually and in pattern is quite useful in understanding the sentiments behind demand and supply. Price combined with volume and most often in patterns is interpreted in a very short span of time by using candlesticks. the body, size, tail, color, previous behavior are a good analysis for future predictions. Candlesticks are easy to understand and speak loud about the anticipated movements of asset/index.
Hemant Kothari, , Candlestick Analysis, candlestick charts, dozi, Engulf, hammer, Morning and evening star, piercing
Hi,
your answers are well framed and appropriate.
Thanks Vignesh for reading and acknowledging. I appreciate.