These show the high and low prices of the given time period. Candlesticks patterns are used by traders to gauge the psychology of the market and as potential indicators of whether price will rise ...
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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 ...
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The Inverted Hammer is one of the key candlestick patterns in technical analysis, signaling a possible trend reversal. This pattern occurs at low price levels after a price decline, suggesting buyers ...
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