The US Dollar continues to stall against the Japanese Yen but a bearish Dark Cloud Cover candle pattern hint a turn lower may be in the cards. Such a move would validate our expectations of a pullback ...

The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.

By combining the hammer candlestick with additional confirmation techniques, traders can enhance their accuracy and reduce the risk of false signals. Using volume to confirm the pattern In order to ...

USD/CAD’s about-face has left a Bearish Engulfing pattern lacking confirmation. The impulsive swing higher comes as no surprise given the series of whipsaws over recent weeks. The pair’s tendencies ...

A doji is a pattern that appears during a trading session when an asset's beginning and closing prices are almost identical. The Japanese term "doji" means "blunder" or "mistake," and since there aren ...

Many traders like to play both sides of an asset’s price action. But in order to play the bullish and bearish trends, one needs to be aware of the positive and negative signals contained within ...