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 ...

Candlestick patterns indicate potential trading opportunities based on historical price data and trends. They are used in conjunction with other forms of fundamental and technical analysis to provide ...

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 ...

From Tokyo rice markets to Wall Street trading floors, candlestick patterns have stood the test of time. Now, in the high-stakes world of cryptocurrency trading, where government policies can shift ...

S&P 500 – ES Daily Chart Highlights the Doji Reversal Pattern This ES Daily chart highlights the Doji pattern created by the close of Friday trading near 2923.75. The fact that price narrowed on ...

The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...

If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Patterns are the distinctive formations created by the movements of security ...