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 ...
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 ...
Technical traders are confronted with many choices when it comes to charting. More often than not Forex charts are defaulted with candlestick charts which differ greatly from the more traditional bar ...
In the modern world of trading and investing, it has become common to rely on technical indicators and trading robots, bypassing conventional chart and candlestick patterns. Many novice traders ...
Trading success often depends on whether or not one can pinpoint potentially profitable assets before sharp price movement. This is particularly evident in crypto, where high volatility is the norm.
Japanese candlesticks are a popular charting technique used by many traders. Today, we are looking at the shooting star reversal pattern which is a popular Japanese candlestick formation and how to ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
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 ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...