Candlestick charts are a commonly used trading tool across many types of commodities. To trade candlestick charts effectively, you need to have a knowledge of several different types of patterns,...
Category: Candlestick Patterns
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,...
Tweezer Top and Tweezer Bottom Pattern in Candlestick Trading
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...