The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...
Candlestick patterns are used to predict the future direction of price movement. Discover 16 of the most common candlestick patterns and how you can use them to identify trading opportunities. A ...
USD/CHF clears the May low (0.8186) after failing to push above the 50-Day SMA (0.8368), with the exchange rate carving a series of lower highs and lows as it extends the decline ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
Candlestick signals provide an immense advantage to investors when pin pointing the best trades in the market. The implied logic built-in to the signals creates a platform that always places the ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
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 ...
The greatest tool technical analysts use to predict the direction of stock price movements is candlestick chart patterns. These charts consist of numerous patterns formed using a cluster or series of ...
The piercing line candlestick pattern is a bullish candlestick pattern that forms after an extended bearish trend. It can be used as an indicator to predict the resumption of the uptrend as it shows ...
ADoji candlestick shows indecisiveness in the market, wherein buying and selling behavior offset each other in a particular timeframe. The Doji candlestick, also called a Doji star, shows indecision ...