Technical Analysis & Chart Patterns
5 terms
Technical Analysis & Chart Patterns
Hammer
A candlestick with a small body near the top of its range and a long lower wick, appearing after a decline.
Technical Analysis & Chart PatternsHanging Man
A candlestick with a small body near the top of its range and a long lower wick, appearing after an advance.
Technical Analysis & Chart PatternsHarami
A two-candle formation in which a small body sits entirely within the range of the preceding large body.
Technical Analysis & Chart PatternsHead and Shoulders
A formation of three peaks in which the middle peak is the highest and the outer two are roughly level, joined by a neckline through the…
Technical Analysis & Chart PatternsHeikin-Ashi
A modified candlestick chart in which each period's values are averaged with the previous period's to smooth the series.