Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.
Discover Marubozu candles: learn their formation, how to interpret them for trading strategies, and their role in predicting ...
Interpreting candle patterns is an important technical trading skill to master for any day trader. While these patterns may seem foreign at first, their recognition can confirm values of support and ...
The first type of triple candlestick pattern that we'll talk about is morning and evening stars. Both morning and evening stars occur during a trend and can signal a reversal in momentum. The first ...
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
The Spinning Top candlestick pattern has a single candle. It forms at the peak of an uptrend, the bottom of a downtrend, or in the middle of a trend. It can be a bearish or bullish candle. It’s a ...
Forex trading offers significant potential for financial growth and has captivated the interest of traders worldwide in recent years. Among the multitude of technical analysis tools available to forex ...
There are simple bearish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. As discussed in a previous article on bullish candlestick patterns ...
The Harami candlestick pattern is frequently used inforex tradingto identifytrend reversalsor extensions. Technical traders respect the indications produced by the Harami candle which makes this ...
Popularly known as the ‘doji candle’, the doji candlestick chart pattern is one of the most unique formations in the world of trading. Learn more about this pattern and find out how you can trade when ...