candlestick charts

In our previous posts dedicated to candlestick charting we talked about the Hammer, Hanging Man and Doji patterns. Today we will continue the series about reversal patterns (reversal patterns usually indicate that a trend reversal is taking place) and introduce the Engulfing Pattern, also called Engulfing Line and which can be either Bearish or Bullish. … Read more

In one of the previous articles we have introduced the Hammer and Hanging Man candlestick patterns. Today we will continue to talk about the reversal patterns (reversal patterns usually indicate that a trend reversal is taking place) that may end with a continuation of the existing trend or with its reversal in opposite direction) introducing … Read more