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, ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

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 ...

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 ...

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 ...

A doji is a pattern that appears during a trading session when an asset's beginning and closing prices are almost identical. The Japanese term "doji" means "blunder" or "mistake," and since there aren ...

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 ...

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 ...

The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.

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 ...

Spotting price reversals is one of the most difficult actions to master in the Forex market. Through chart analysis, traders can learn to identify candlestick patterns that are a natural tool for this ...