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 ...
Silver reversed from key support near $30.69, holding the 20-Day MA. A breakout above $31.74 could confirm further gains toward Fibonacci resistance levels.
For example, an upside-down hammer is a bearish engulfing pattern while a bullish harami pattern is a bullish engulfing pattern. The engulfing candlestick pattern is a bullish candlestick pattern ...
The piercing line candlestick pattern is a bullish candlestick pattern that ... is a reversal signal similar to a hammer or inverted hammer. Like these patterns, a piercing line occurs when ...
Hammer is a bullish reversal pattern, which occurs at the bottom of a trend. This pattern appears after or during a downtrend. It is a single candlestick pattern. Advisory Alert: It has come to ...