Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...
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 ...
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 ...
Here are five bullish candlestick patterns that every crypto trader should know and learn to help take your Bitcoin and crypto trading skills to the next level. Trading Bitcoin (BTC), crypto and other ...
I recently showed you how you can use Japanese "candlestick" charts to detect real-time changes in the momentum of the market. Knowing how to read these charts is critical to making sure you're on the ...
Cedric Thompson is a pioneer of Technical Analysis in the English-speaking Caribbean and an Investment Management Strategist at the Trinidad and Tobago Unit Trust Corporation Gordon Scott has been an ...
A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
It's no secret that I like to zero in on the top 250 stocks in the market. And I've even shown you how to whittle those down to the 10 best stocks to trade at any given time. But even then, that's a ...
Gogo, Inc GOGO, Lululemon Athletica, Inc LULU and Twitter, Inc TWTR have all formed bullish engulfing candlestick patterns on their daily charts. A bullish engulfing candlestick pattern forms when a ...