Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.
There are many advanced candlestick chart pattern based on two consecutive candlesticks namely: Piercing Line Pattern, Bullish Harami Cross Pattern, Bearish Harami Cross Pattern, Tweezer Top Pattern, ...
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 ...
Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be easily ...
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 ...
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 ...
A candlestick shows an asset’s price movement over a set amount of time. This can be anywhere from a minute to a day, depending on the price chart. They display four different price levels which an ...
The bullish three white soldiers chart pattern can be helpful in determining a price reversal following a downtrend. Learn more about this candlestick pattern and how you can trade when you recognise ...
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 ...
Stella Osoba is the Senior Editor of trading and investing at Investopedia. She co-founded and chaired Women in Technical Analysis. She has 15+ years of experience as a financial writer and technical ...