Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

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 ...

When a Spinning Top is formed in an uptrend, the one we are in right now, suggests that the buyers are losing conviction and a possible top could be in place, but will still require confirmation.

Bullish candle patterns are a key component of traders' technical analysis tactics and are used to spot trend reversals.(Image by mohamed Hassan from Pixabay) Bullish candle patterns are a key ...

For years, traders have utilised candlestick patterns, a type of technical trading technique, to forecast price movement. There are several patterns that are labelled as bearish. Bearish candlestick ...

The bullish engulfing pattern is a two-candle reversal pattern that occurs when the second candle completely overrides the first. What Is a Bullish Engulfing Pattern? A bullish engulfing pattern ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

When conducting technical analysis, it's often advisable use more than one signal, pattern or indicator to inform your trades. The markets don't always follow chart patterns, and every potential ...

When conducting technical analysis, it's often advisable use more than one signal, pattern or indicator to inform your trades. The markets don't always follow chart patterns, and every potential ...