Candlestick charts are a type of financial chart that can be used to track stock prices. They originated in the centuries-old Japanese rice trade and have since found their way into current price tracking. Because they are more attractive and the price actions are easier to interpret, some investors prefer them to traditional bar charts.
Bullish Reversal Candlestick Patterns indicate that the current downturn is about to come to an end, with the possibility of a reversal to the upside. Bullish reversal patterns should occur near the end of a downtrend; otherwise, they would behave similarly to continuation patterns.
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