Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...

Stock candlestick patterns provide valuable insights into a stock’s supply and demand dynamics, giving traders and investors a bird's-eye view of current market sentiment. Some traders may use ...

Accuracy can be increased and false signals decreased by using indicators in addition to the hammer pattern. Good indicators to use in conjunction with the hammer candlestick include: Index of ...