The Dynamics Of Candlestick Patterns by Shijoong Sung
ARTICLE SYNOPSIS ...Stocks & Commodities V. 22:12 (46-49): The Dynamics Of Candlestick Patterns by Shijoong Sung
Candlestick patterns have been used for centuries, but given that they have received so much attention among technical analysts, can they still be used in the conventional way?
If a hammer pattern appears during a bearish trend,
does that mean you should plunge into the market? If a hanging man pattern appears during a bullish trend, does that mean you should exit the market immediately? Little is known about the effects and dynamics of candlestick patterns, so to find out more, I did a thorough and ...
AUTHOR: Shijoong SungDATE: DEC 2004SUBJECT: Statistics