Trading the Doji &  Hammer candlestick   patterns

Trading the Doji & Hammer candlestick patterns

Determining and unveiling market sentiment via candlesticks

ByMOMOH S.O

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DETERMINING & DECIPHERING THE MARKET SENTIMENT IN REAL TIME THROUGH UNIQUE CANDLESTICKS! Candlestick patterns represent the basic unit of price analysis, as they give an important information and tell the story behind every price tick and move on a price chart across all time frames and trading sessions in the market. However, candlesticks are not created equal. While some only give signals for a short or brief price trend in a given direction, others are capable of measuring or signaling a prolonged price move in a given direction. Two of such candlestick patterns are the 'hammer' & the 'doji' and their variants. These candlestick types or patterns, are unique and differ from other candlesticks, owing to the possession of small bodies to shadow(wick) ratio, coupled with strong and powerful signals arising from their formations. In this book, the doji and hammer candlestick patterns and their variants will be dissected and examined inside out, explaining their use as market sentiment and momentum analysis tool and their use as signal tools for determining and gauging price pressures, demand & supply and the interaction and balance between the bullish and bearish market participants as well as the dominant market force or forces at a given point in time.

Details

Publication Date
Jun 4, 2026
Language
English
Category
Business & Economics
Copyright
All Rights Reserved - Standard Copyright License
Contributors
By (author): MOMOH S.O

Specifications

Format
EPUB

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