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Candlestick patterns are technical trading tools that ... The pattern is confirmed by a bullish candle the next day. A hanging man pattern suggests an important potential reversal lower and ...
Candlestick patterns are like clues left behind by the market. Each candle is a clue about who’s winning: buyers or sellers. Here’s the basic cheat sheet you should always remember: Big solid bodies ...
Nifty daily chart shows formation of a Hanging Man candlestick pattern. Nifty RSI is above 50 and showing a bullish crossover ...