A candlestick is always made up of four parameters namely, open, high, low and close. The distance between the open price and close price comprises the body of the candle. The distance of the body from high and low prices of the session are marked by wicks. A candlestick having long wick at the bottom…
The Hammer Pattern
Related posts
Marubozu means bald headed. It simply means that it has no price action above or... Continue reading
As the name suggests, single candlestick patterns involve only one candle. It means that only... 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