Chartists relying on candlestick indicators know that confirmation is an essential element of the decision. Before entry or exit, the indicator has to be confirmed independently - by other candlestick ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Chartists relying on candlestick indicators know that confirmation is an essential element of the decision.

Accuracy can be increased and false signals decreased by using indicators in addition to the hammer pattern. Good indicators to use in conjunction with the hammer candlestick include: Index of ...