Candle stick analysis is the Japanese way of visualizing the trend of the weekly market which can give more information Such as opening price, closing price, highest price and the lowest price. With these visual clues along with volume and identification of certain patterns we can predict the market trend and movement.
Patterns such as morning star, evening star, hammer, hanging man, engulfing and piercing are very important to predict the trend reversal movement of the market.
Candle sticks and patterns
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Stock Analysis
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