A Long-legged Doji is a candlestick pattern that occurs when the opening and closing prices of an asset are close to each other. It showed volatility during the trading period, resulting in long upper and lower shadows. See the image of the candlestick has a small body with long upper… Read More »Long-legged doji
The gravestone Doji candlestick is a variation of the Inverted Hammer. It is formed when a stock’s open, close, and low prices are all at the same level, resulting in a long upper shadow and no lower shadow. This pattern indicates indecision in the market and a potential reversal of… Read More »Gravestone Doji candlestick
In Technical analysis, an Inverted Hammer candlestick is a bullish reversal Pattern, which forms at the bottom of a downtrend. You can identify it by a long lower shadow and a small body at the top of the candlestick. You can’t sure about a bullish reversal when you see an… Read More »Inverted Hammer candlestick (Candle Pattern) | Reversal Patterns
What is a candlestick? A Candlestick is used in technical analysis that shows the low, high, open, and closing prices of a stock for a specific period (minute, hour, week, month, etc). It’s called a Japanese Candlestick and it was developed in the 18th century by Munehisa Homma, a Japanese rice… Read More »Candlestick | Basic Understanding and construction