Bullish Patterns: Spot Flag and Candlestick Stock Signals
It is still considered a bullish candlestick pattern because it overcomes the downward momentum to close at least midway into the body of the previous candle. The result is a bullish candlestick pattern that engulfs the efforts of the bears. According to decades of research, chart patterns work between 45 and 95 percent, depending on … Read more