Doji Vs Hammer Candlestick Pattern:
Both the Doji and Hammer are significant candlestick patterns used in technical analysis. The Doji indicates indecision in the market and can signal a potential reversal or continuation depending on the context. The Hammer, on the other hand, is a stronger bullish reversal pattern that appears after a downtrend, suggesting that buyers are beginning to take control. Understanding these patterns and their differences is crucial for making informed trading decisions.