Candlesticks were first used by the Japanese for rice trading. Candlestick analysis is used to find short term trends in the market and is therefore very useful for weekly traders. It mostly doesn’t depend on volume.
Some reversal patterns found in candlestick analysis are, Engulfing pattern, Piercing pattern, Doji, Hammer and Hanging man patterns.
Candlestick Analysis
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Stock Analysis
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Bullish View
Bearish View
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