Candle Stick Patterns

In technical analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement. The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern.
Simple and Powerful Analytical Method.
Its used for predicting the price movements for a short term. i.e. within a week’s time.

Its a reversal pattern where volume is not an important factor.

2 Comments
  1. Naresh 5 years ago

    Hi,
    Those of your content is neat and clear. It will be useful to recall

  2. Author
    Rajkumar Dhandapani 5 years ago

    Thanks Naresh

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