Some candlestick price patterns are well known, like shooting stars, hammer reversal bars, and engulfing bars. However, some of the less well-known candlestick price patterns are worth noting when ...

Cedric Thompson is a pioneer of Technical Analysis in the English-speaking Caribbean and an Investment Management Strategist at the Trinidad and Tobago Unit Trust Corporation Gordon Scott has been an ...

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 ...

The hammer is the name used for a single candlestick chart pattern that is a bullish reversal signal. Its name comes from the fact that it visually looks like a hammer. As the short body of the candle ...

The piercing line candlestick pattern is a bullish candlestick pattern that forms after an extended bearish trend. It can be used as an indicator to predict the resumption of the uptrend as it shows ...

Candlestick patterns are a financial technical analysis method that visually represents daily price movement information on a candlestick chart. A candlestick chart, on the other hand, is a form of ...

The bearish engulfing pattern is a technical analysis chart pattern, recognised as one of the clearest signs of a price cut action signal. It is represented by a green candlestick with a subsequent ...

Forex trading offers significant potential for financial growth and has captivated the interest of traders worldwide in recent years. Among the multitude of technical analysis tools available to forex ...