The goal of technical analysis is to identify particular chart patterns that are thought to indicate directional trends or can predict price movements. The main components of a stock chart are the ...
The Inverted Hammer is one of the key candlestick patterns in technical analysis, signaling a possible trend reversal. This ...
This period of technical analysis derives from a time when ... a reversal or continuation formation. As a reversal pattern, it ends a trend either up or down. As a continuation pattern, it ...