Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. One of the most reliable candlestick formations is call the engulfing pattern. It is found often and is a ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...
Aspiring forex traders will generally benefit from developing the ability to interpret and analyze market data. Among the tools and techniques available to currency traders to do this, candlestick ...
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 ...
An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its ...
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 patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...
In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...
Another type of technical analysis that we will cover is basic single candlestick patterns, as they are easy to identify and interpret. Another type of technical analysis that we will cover is basic ...
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 ...