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, ...

Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

One of the goals of a technical trader in the Forex market is to identify changes in the direction of price action. Candlesticks are a natural tool for this task as they give visual insight into ...

Did you catch what happened in the market last week? Stressed out about the future? Worried about your positions or retirement account? Are you hearing people talk about the ominous weekly candlestick ...

A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...

A bearish engulfing pattern is a candlestick pattern that, like a its bullish counterpart, will appear frequently in any market. It is a bearish indicator and is particularly helpful when trying to ...

In today's session I share my observations on GBP/CHF; the former is at a slight floating loss, while the latter benefited from a big rally in the daily chart overnight and is on pace to complete a ...

The Nifty50 wiped out all its previous day's gains and fell sharply to close below 5-day as well as 10-day EMAs (exponential moving average) on July 27, the monthly F&O expiry day, as market ...