This blog will guide you through the essential concepts of reading candlesticks, including a brief history, key patterns, and ...

The hammer is a bullish reversal candlestick ... price action or major moving averages. There are several basic steps to effectively trading the hammer: Step 1: Pattern Identification Identify ...

Traders can interpret the candlestick pattern to know if the market is trending upwards, trending downwards, or an in-between movement. This approach helps to determine the general trends of the ...