Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.

Pattern recognition is essential for success in almost all human endeavors, including investing. Sir John Templeton once famously said "the four most dangerous words in investing are, it's different ...

Candlestick patterns are widely used in technical analysis to predict future price movements in financial markets. By analyzing the shape and formation of candlesticks, traders and investors can gain ...

In this section we'll look at four more patterns that are commonly identified by technical analysts. These occur when a market price starts to converge towards a single point. How the triangle is ...

As we've seen, when a market hits significant support or resistance, it tends to either bounce off or break through (apart from fakeouts, of course). Clearly, if you could forecast when the market was ...