The doji pattern is one of the most common Japanese candlestick patterns you will ever see on the price chart. The pattern shows that the market opened and closed around
In the previous articles, we discussed what support and resistance levels are, how to identify them, and how to properly draw them. In this article, we’ll discuss how you can
The inside bar pattern, also known as the Harami candlestick pattern, is a 2-candlestick pattern that can offer both reversal and continuation signal, depending on where it formsFeatures of the
Price action traders consider the hammer and shooting star patterns as the most profitable price action patterns. For that reason, in this post, we’ll discuss how to identify those patterns
Think of candlestick patterns as the language of the market and the engulfing pattern as one of the most forceful command words in the language. You can’t afford to trade
Traders have different ways of analyzing the markets to find trading opportunities. Some make use of fundamental analysis, which is the study of economic variables and other factors that may
Price action trading strategies are very popular among traders in the financial markets today.
Analyzing the price behavior is one of the easiest yet very powerful way of gaining a deeper
Candlestick signals are very important to any trader because they show how the buyers and sellers are interacting in the financial market.
Candlesticks are more than what traders see on the
The Gartley pattern is one of the harmonic patterns, which are special chart patterns used in technical analysis to show where an extended pullback in a trend is likely to
The Japanese candlestick chart is one of the most widely used chart types in forex trading, and the reason is simple — the candlesticks form recognizable shapes and patterns that
Many textbooks state that the Hammer candlestick pattern is a signal that the market is about to reverse higher.
So, anytime you spot it in your chart, you go long.
However, the
Most traders prefer the Japanese candlestick chart because the price bars can form identifiable shapes and patterns that have significant market implications.
These patterns, known as candlestick patterns, are one of
The engulfing bar price action setup is one of the most popular and reliable candlestick patterns.Just like the pin bar pattern, the engulfing bar may indicate a potential price reversal,
The doji candlestick pattern is one of the most common candlestick patterns you will see on your price chart.
It represents a trading session that opened and closed at the same
You may have come across an inside bar trading strategy or even currently trading one.
But do you know what an inside bar is? Inside bar refers to a double candlestick
The pin bar is a general name that refers to candlestick patterns like the hammer, shooting star, gravestone doji, dragonfly doji, inverted hammer, and the hangman.Those are single-candlestick patterns with
The Japanese candlestick patterns chart is the most widely used chart form among forex traders. And you know why the chart tells a lot about what is happening in the