We will refer to the most common of candlesticks which you should use in order to identify trends. DOJI When the opening and closing price are identical we have a Doji candlestick. These candlesticks have no body (or almost no body) at all. They may mean the end of a trend. Market reverses but may [...]

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By Melissa Tobing There are many ‘funny’ names in candlestick charts. When I first learned about these charts, I just asked to myself “How could have somebody really thought about these words and where did he got those ideas?” Those questions really made me eager to learn more and more. Imagine these words: “hanging man”, [...]

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