This is a two-candlestick reversal pattern ... Line charts, though useful for spotting trends, do not provide detailed price action. Candlestick charts help traders analyze potential market ...
The hammer is a bullish reversal candlestick pattern characterized ... whether via previous price action or major moving averages. There are several basic steps to effectively trading the hammer ...
Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll ...
My previous BTC/USD signal last Monday was not triggered, as there was no bullish price action when the price first reached the support level at $86, ...
These patterns fall into two categories ... to avoid false patterns. Candlestick charts are one of the easiest and most effective tools for understanding price action, identifying patterns ...