Candlesticks analysis is a great tool in technical analysis to understand the market trend and to make right judgement for a short term. Its mainly used by weekly traders, Engulfing and piercing pattern are very powerful to analyse bullish and bearinsh trends. Doji, morning and evening stars, hammer/hanging man are other candlestick pattern tools to understand the price direction and buying selling points.
, , Candlestick Analysis, doji, Engulfing, hammer and hanging man, Morning and evening star, piercing
