As technical patterns culminate in a breakout, traders look for signals as to which direction the stock price might head. This is especially important in reversal patterns. Signals like a bullish ...
SmarTrend's candlestick pattern scanner has detected a bullish harami candle pattern for shares of RadioShack (NYSE: RSH). Friday's real body is within the previous day's body and may imply that ...
-- Buy the AUD/USD pair and set a take-profit at 0.6600. -- Add a stop-loss at 0.6450. -- Timeline: 1-2 days. Bearish View -- Sell the AUD/USD pair and set a take-profit at 0.6450. -- Add a stop-loss ...
Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...
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 ...
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 ...