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 ...

When conducting technical analysis, it's often advisable use more than one signal, pattern or indicator to inform your trades. The markets don't always follow chart patterns, and every potential ...

Knowing how to spot possible reversals when trading can help you maximise your opportunities. The inverted hammer candlestick pattern is one such a signal that can help you identify new trends. Learn ...

The Harami candlestick pattern is frequently used inforex tradingto identifytrend reversalsor extensions. Technical traders respect the indications produced by the Harami candle which makes this ...

Interpreting candle patterns is an important technical trading skill to master for any day trader. While these patterns may seem foreign at first, their recognition can confirm values of support and ...

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 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 ...

A candlestick chart is a style of chart used to describe price movements of a stock, commodity or currency. It is also called as ‘Japanese candlestick chart’. Candlestick charts are a visual aid for ...

Among the various charting options, candlestick is by far the most commonly used and favourite chart type in use. Little wonder then that candlestick type of charting has been in use since the 17th ...

The hammer candlestick pattern is frequently observed in theforexmarket and provides important insight into trendreversals . It's crucial that traders understand that there is more to the hammer ...