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.
Monisa Ravichandran, , Candlestick Analysis, candlestick charts, engulfing- bullish and bearish; hammer; hanging man
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