You can combine candlestick patterns with moving averages, trend lines, and volume indicators to enhance reliability. It is also important to consider the broader market context. Bullish patterns ...
Piercing lines signal potential reversals as they suggest high-volume bullish moves as well as substantial buying pressure. It’s like bottoming out on one side of a candle and not seeing support ...
Candlesticks are informative bar formations ... Alternatively, a spike can also occur in the case of volume trading. A trader with a significant volume is capable of influencing the price movement.