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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend ...

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 ...

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 ...

It took nearly two centuries for candlestick charts to make the leap to the Western hemisphere from Japan — and just a quarter century to become the preferred charting technique of traders from Wall ...

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 ...

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 ...

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 ...