CANDLESTICK PATTERNS - AN OVERVIEW

in this article’s an illustration of a chart displaying a trend reversal following a Bullish Counterattack Line candlestick sample appeared: For this reason, we want to see this pattern following a move on the upside, exhibiting that bulls are starting to acquire Manage yet again. Also offered as a single candle, the inverted hammer (IH) is oft

Analyzing chart patterns and being familiar with how specific securities respond to cost patterns can assist you establish whether or not the bulls or bears are in control. This, subsequently, can help you strategize your trades by figuring out entry details, exit points, and stops. Continuation patterns are signals traders search for to indicate