candle stick is weekly traders,
after few days fall, if we see the candle is completely closing the previous day body that is called engulfing. the higher is our buy point and the low is our stop loss. what is risk we are all taking the same we expect as target.after continues fall, if the handle is opened low and managed to cover 50% of the previous body , then it is piercing. we nee to buy when the price cross the two days high and need to set the stop loss two days low.
Doji is morning star. after the continues fall, the doji is appear, the next day the price expect to be high. the vice versa is evening star.
Hammer, is after the fall, if the handle open and went the price very down and managed to break the open price and close small tail. this is hammer, and the position is long. the revise of the hammer is hanging man and the position is short.
See and catch you way
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Stock Analysis
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