Learning to read the trends of investment trading, such as the stock market, is essential for anyone who works in jobs with regular trading or likes to trade securities. An excellent tool for...
Category: Candlestick Patterns
Candlestick patterns are a great tool that provides a large amount of technical data to help analyze market trends. One of the most beginner-friendly patterns used in candlestick analysis is the...
Candlestick charts allow the chartist to visualize an asset’s opening price, closing price, high, and low over each respective trading period. The candlesticks on the chart can be used alone to...
The hammer pattern, also called the “takuri line,” is a commonly used candlestick pattern to trade assets. It is said to have a reliability of 64%, making it one of the more reliable candlestick...
The inverted hammer pattern in candlestick trading is a reversal pattern from a bearish trend to a bullish trend. The pattern is formed as the price has been moving lower and lower. The shape is that...
Trading securities can be a risky endeavor. To the untrained eye, it may look like a game of chance. As a person who deals quite a bit with complex finances, I understand the confusion. It’s...