Technical analysis relies on charts to forecast prices. The goal of technical analysis is to identify particular chart patterns that ... from the top and bottom of the candle are called wicks.

Candlestick charts ... on specific patterns. A candlestick has a body and shadows, also called the candle and wicks. The ...

Like technical charts ... Reversal Patterns and Bearish Reversal Patterns. For instance, a Hammer Candle Pattern is a bullish reversal pattern which tells us that a stock is nearing bottom in ...