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.

Forex trading offers significant potential for financial growth and has captivated the interest of traders worldwide in recent years. Among the multitude of technical analysis tools available to forex ...

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 ...

I have received a lot of great feedback about this series of articles on candlestick formation. This is a neglected subject in the forex for a number of reasons. Probably the most significant reason ...

Traders have used the hammer candlestick pattern for a long time in technical analysis and it helps in the movement of stock prices. It indicates the reversal of trend, specifically from bearish to ...

This is part three of our discussion about bond and note yields as an analytical tool for forex traders. Understanding how intermarket relationships work is only part of the answer. Using that ...

Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...