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The pattern includes a gap in the direction of the current trend, leaving a candle with a small body (spinning top/or doji) all alone at the top or bottom, just like an island. Confirmation comes ...
After years of trading experience, I've identified why understanding the most bullish and bearish candlestick patterns is the game-changing skill that separates successful traders from the rest.
Hanging man candlestick pattern. ・Hanging man: Resembling the hammer, the hanging man appears at the top of an uptrend instead of the bottom. It has a small body and a long lower shadow ...
We will focus on five bullish candlestick patterns that give the strongest reversal signal. The Hammer is a bullish reversal pattern, which signals that a stock is nearing the bottom in a downtrend.