A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...
In our earlier articles we’ve focused on how to identify strong intraday and swing trading entries. In this article series, we will look at how to exit trades more carefully, to lock in gains and ...
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 ...
Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...
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 ...
The first type of triple candlestick pattern that we'll talk about is morning and evening stars. Both morning and evening stars occur during a trend and can signal a reversal in momentum. The first ...
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
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 ...