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Derived from Japanese candlestick chart analysis methods, this single candle pattern exhibits a distinct shape with a long lower shadow and a short body located at the top that resembles a hammer.
One key chart pattern suggests what to do next ... days as bullish momentum diminishes and traders take profits on their long positions. Traders can capitalize on the bearish price action of ...
A candlestick chart ... minute-long cycles of the trading day. Two-Day Candlestick Trading Patterns Many short-term trading strategies are based on candlestick patterns. The engulfing pattern ...