As the name suggests, single candlestick patterns involve only one candle. It means that only one period’s price action would be comprised in it. Single candle patterns gain importance when observed after a prolonged uptrend or downtrend. Most of the single candlestick patterns like Hammer or Spinning top indicate potential reversal. So they can be…
Single Candlestick Patterns: DOJI
Related posts
Marubozu means bald headed. It simply means that it has no price action above or... Continue reading
A candlestick is always made up of four parameters namely, open, high, low and close.... Continue reading
Charts are the indispensable part of technical analysis. They are the best means to capture... Continue reading
Technical analysis is the study of market actions, primarily through the use of charts, for... Continue reading