Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

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 ...

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 ...

The Doji candlestick pattern has a single candle. In this pattern, the stock opening and closing prices are equal. The candlestick pattern forms due to indecision between the buyers and sellers in the ...

As the stock market follows a certain trend, it becomes difficult to know when the current trend may reverse. In the case of a bullish trend where the prices of securities rise consistently, an ...

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 ...