2 Comments
  1. Naresh 5 years ago

    Hi,
    Your first Question: Negative Breakout with GREEN Hammer. What does it convey? Hammer man candlestick express the reversal pattern because it has a characteristic that the day of hammer man pattern in which the sellers were initially in charge but yet the buyers were capable to reverse that control and drive prices back up to close near the high for the day, as a form that the short body at the top of the candle. Volume should be high during the hammer day.
    Your second question: How to combine candle stick/Dow with GAP analysis? Dow theory uses trend analysis to determine which way the market is headed. There are 3 trends/movements of the market that are: Primary trend, secondary trend and minor trend. secondary and minor trend can be analysed by using candlestick pattern and gap analysis which shows the demand and supply effectively.

  2. Author
    Rajkumar Dhandapani 5 years ago

    Thanks Naresh for your explanation.

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?