What is a Japanese Candlestick? A Japanese candlestick chart displays a security's opening, closing, high and low prices for a given period. The central part of the candlestick, or the body, ...
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 ...
As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders. There are many patterns ...
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 ...
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 ...
Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...
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 ...