Candle sticks are pictorial representation of price movements in a period.
Candlesticks are useful for positional traders.
when a body of present day covers the previous day opposite body, its concluded as engulfing.
When a positive body of covers previous negative body’s tail completely and moves up crossing atleast 50% of the previous body forms a bullish piercing line.
Doji is a neutral representation of a temporary pause.
Hammer Formation & Hanging Man Formation