As a trader we often hear the term engulfing candle, or outside trading day very often, but how can that help make us money? Well first, we must understand that an outside day or an engulfing candle ...

Bears were in control of the holiday-shortened week that closed out the month of May. Equities retreated, and the pattern after the S&P 500 Index’s (SPX — 5,277.41) bearish “outside day” indeed ...

Aspiring forex traders will generally benefit from developing the ability to interpret and analyze market data. Among the tools and techniques available to currency traders to do this, candlestick ...

If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...

In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...

Candlestick charts are a cornerstone in technical analysis and perhaps one of the earliest forms of technical analysis, having been developed in the 18th century in Japan by rice trader Munehisa Homma ...

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, ...

The Dragonfly Doji is a unique and visually striking candlestick pattern often spotted in technical analysis, particularly in forex, stocks, and cryptocurrency markets. This pattern is characterized ...

All good things must come to an end. Just like storm clouds can roll in and spoil a bright, sunny day, a dark cloud cover pattern can also signal the end of bullish stock behavior. This candlestick ...

Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%. Data from Cointelegraph Markets Pro and TradingView confirmed 24-hour gains of ...