The piercing line candlestick pattern is a bullish candlestick pattern that forms after an extended bearish trend. It can be used as an indicator to predict the resumption of the uptrend as it ...
What is a candlestick pattern then? Like we said, the price moves up and down; but many times the price tends to create a series of ups and downs which helps traders predict future price movements ...
On January 31, three stocks from the Nifty50 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern ...
A long-legged doji is part of the broader doji family. This candlestick pattern has long wicks or shadows. Traders use it to predict price reversals in the market. The pattern consists of a ...
Bullish candlestick patterns' appearance on the price chart indicates buyers' dominance in the market, which means that demand for an asset outweighs supply. As a result, the price will highly likely ...