» Candlestick
Candlestick
As described in previous materials, candlestick formations are the way the market portrays its emotions.
The current corrective movement (Pic. 1, C2) represents 70.7% of the previous correction. Additionally a pro increase candlestick formation has been forged
This presentation will deal with two candlestick formations, which are perceived as being stronger versions of the piercing line and black cloud cover formations.