Candlestick patterns – strong reversal indicators for week traders or short term price movements.
Engulfing, piercing, doji, hammer and hanging man
Light from a candle!!
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Stock Analysis
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Bullish View
Bearish View
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- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
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Hi,
Your query: Role of volume in a candlestick?
A candlestick reversal pattern on high volume carries more weight than a candlestick reversal pattern on low volume. Any candlestick pattern with low volume indicates less conviction in the pattern.
volume criteria is applicable to all candlestick patterns.