Await the creation of a hammer at that level. After confirmation on the subsequent candle, enter a trade. Integrating with Technical Measures Accuracy can be increased and false signals decreased by ...

NZD/USD has posted a Harami pattern on the daily, which awaits confirmation from a successive up-day to be validated. Yet some skepticism over a further advance may be warranted given recent ‘messy’ ...

The Upside/Downside Gap Three Methods is a three-bar candlestick pattern indicating trend continuation. Explore how traders use this unique pattern to analyze market movements.

The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.

USD/CAD’s about-face has left a Bearish Engulfing pattern lacking confirmation. The impulsive swing higher comes as no surprise given the series of whipsaws over recent weeks. The pair’s tendencies ...

The doji candlestick pattern stands out as a powerful technical analysis tool for forex traders seeking valuable insights into market trends and potential reversals. This useful single-candle ...

Provide traders with earlier indication of reversals: Candlestick charts are very effective in signaling potential reversals well before traditional bar or point charts and thus aid traders to time ...

Many traders like to play both sides of an asset’s price action. But in order to play the bullish and bearish trends, one needs to be aware of the positive and negative signals contained within ...