Unlike traditional Western bar charts, which often take weeks to signal a trend reversal, Nison’s candlestick techniques provide early warnings by visually representing the battle between buyers and sellers.
: Nison emphasizes that candlesticks are leading indicators that offer "clues of imminent reversals" in just one to three trading sessions. Key Patterns & Concepts steve nison les chandeliers japonais pdf patched
Combining candlestick patterns with Western technical tools like moving averages, trendlines, and volume indicators. Unlike traditional Western bar charts, which often take
A bullish Hammer pattern carries significantly more weight if it forms precisely at a major horizontal support level or a long-term moving average. If a Hammer forms in "mid-air" without structural support, its probability of success drops significantly. Volume Verification A bullish Hammer pattern carries significantly more weight
: The thick part of the candlestick showing the distance between the open and close price.