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Where will the price go in the following pattern ?
What is the name of this pattern ? | #001
Hanging Man Pattern
This pattern appears at the end of a bull cycle. The number 1 candle is the Hanging Man candle. The Hanging Man candle has a shadow twice as long as the body – possibly longer. The Hanging Man candle can be a red candle (bearish… Read More
Inverted Hammer Pattern
This pattern appears at the end of a bearish cycle. The number 1 candle is the Inverted Hammer candle. The Inverted Hammer candle has a shadow twice as long as the real body – possibly longer. The Inverted Hammer candle can be a red candle… Read More
