Candle sticks analysis is a Japanese way of analysis. This is used for trading on weekly. Basis. Simple and powerful. It focuses on particularly price patterns on a daily basis. To understand this basic understanding of demand and supply is required. Provides short term trend. This is used for weekly trading using day candles. Various forms of candle stick patterns are Engulfing, Piercing, Doji, evening star, hammer and hanging man. Volume is not mandatory. However for some patterns like Doji, hanging man, Hammer, etc good volume at that point signifies good resistance.
, , Candlestick Analysis, Bullish, bullish . bearish, candle stick, doji, Engulfing, evening star, hammer, hanging man., morning star, piercing
