Candlestick analysis was first introduced by Japan.Candlesticks are generally used to forecast within a week.Candlesticks are used by weekly traders.Engulfing pattern is a reversal candlestick pattern.It can be divided into,
1)Bullish Engulfing
2)Bearish Engulfing
Piercing pattern should cover at least 50% of previous red body so as to be called as such.
DOJI means neutral.It is characterized by its small length
Hanging man is a bullish reversal candlestick pattern.Hammer is a bullish reversal candlestick pattern.
Candle stick analysis
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Stock Analysis
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Bullish View
Bearish View
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