Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price ...
USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...
NZD/USD has posted a Harami pattern on the daily, which awaits confirmation from a successive up-day to be validated. Yet some skepticism over a further advance may be warranted given recent ‘messy’ ...
I have received a lot of great feedback about this series of articles on candlestick formation. This is a neglected subject in the forex for a number of reasons. Probably the most significant reason ...
A candlestick depicts the battle between Bulls (buyers) and Bears (sellers) over a given period of time. All known information is reflected in the price. The relationship between the open and close is ...
Learn about the Rising Three Methods, a bullish candlestick pattern that signals trend continuation in trading, and discover ...
The Doji is a candlestick pattern that signifies indecision in the market. It is formed when the opening and closing prices are very close or identical, resulting in a small or nonexistent body and ...