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 ...
There is a wealth of information available online and in Bookstores that will teach you the details of using Candlesticks as indicators. The following are 10 candlestick patterns that have in my own ...
The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...
I recently showed you how you can use Japanese "candlestick" charts to detect real-time changes in the momentum of the market. Knowing how to read these charts is critical to making sure you're on the ...
The bullish engulfing pattern is a two-candle reversal pattern that occurs when the second candle completely overrides the first. What Is a Bullish Engulfing Pattern? A bullish engulfing pattern ...
Candlestick patterns are a financial technical analysis method that visually represents daily price movement information on a candlestick chart. A candlestick chart, on the other hand, is a form of ...
Interpreting candle patterns is an important technical trading skill to master for any day trader. While these patterns may seem foreign at first, their recognition can confirm values of support and ...