A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
Discover how to effectively trade advanced candlestick patterns like island reversal, kicker, and hook reversal. Enhance your ...
Spotting breakouts above prior-day highs is an essential professional day trading skill. The challenge is to be able to quickly avoid false breakouts, while getting in on trades that continue up once ...
Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...
If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...
The inside bar pattern is a powerful tool in the arsenal of forex traders, offering insight into market consolidation and potential breakout opportunities. This two-candle formation signals indecision ...
ADoji candlestick shows indecisiveness in the market, wherein buying and selling behavior offset each other in a particular timeframe. The Doji candlestick, also called a Doji star, shows indecision ...
From Tokyo rice markets to Wall Street trading floors, candlestick patterns have stood the test of time. Now, in the high-stakes world of cryptocurrency trading, where government policies can shift ...
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 ...
Traders have used the hammer candlestick pattern for a long time in technical analysis and it helps in the movement of stock prices. It indicates the reversal of trend, specifically from bearish to ...
In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...
Candles can show the net buying and selling “story over time” of accumulation vs. distribution (buying vs selling), as it relates to price action. When it comes to spotting the strongest patterns, ...