The Power Of Japanese Candlestick Charts Tieng Viet [FREE]
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Let us apply this knowledge to a real example. In early 2023, the VN-Index faced severe selling pressure. In March 2023, the index printed a Hammer on the weekly chart at the 1,020 support level. The lower wick was three times the body. The following week, a bullish engulfing candle appeared. Traders who recognized the power of japanese candlestick charts tieng viet bought near 1,020. Over the next three months, the index rallied to 1,150. That is a 12.7% gain from a simple two-candle pattern.
For a comprehensive "paper" or guide on the power of Japanese candlestick charts in Vietnamese, the most authoritative source is the work of Steve Nison , specifically his book titled Tuyệt kỹ Giao dịch bằng đồ thị nến Nhật (Japanese Candlestick Charting Techniques).
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