Candlesticks, on a candlestick chart, are a popular tool among technical analysts, as they give the analyst four pieces of data visually. Beyond the data that each candle can give—the open price,...

The morning star candlestick pattern is one of the numerous candlestick patterns used by day traders in forming trading strategies. It is a straightforward tool, easy for the beginning trader to use,...

Candlestick trading has been around since the 18th century in Japan and has become one of the most popular types of charts modern traders use to analyze data. There are many different types of...

Marubozu candles are found on most assets’ candlestick charts and can be a part of or a start of a candlestick pattern. Marubozu is recognizable by its specific shape and can occur in both bullish...

A bearish engulfing pattern is one of numerous different candlestick patterns used by day traders in a diversity of markets in setting up trading strategies. They are a key tool to have in technical...

The best way for any trader to make profits from investing is by accurately predicting a change in the direction of an asset's price. Since this task cannot be achieved without a solid understanding...