Tweezers formation consists of two or more candles that either their high or their low is almost at the same level. They could represent resistance or support levels in the chart or at least those ...

Japanese candlestick patterns can be useful to identify potential price reversals. Previously in this column, we discussed bearish reversal patterns. This week, we discuss a two-candlestick bullish ...

A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...

There are many advanced candlestick chart pattern based on two consecutive candlesticks namely: Piercing Line Pattern, Bullish Harami Cross Pattern, Bearish Harami Cross Pattern, Tweezer Top Pattern, ...

The washout-low price move in FANG stocks may present a needed rotation in price before another upside move sets up. Tweezer Bottoms pattern and RSI pennant formation suggest very clear support levels ...

-EUR/USD has been holding its long term trendline support since March 2015 (even the January low is right on the line). November and December trade produced a tweezer bottom (reversal candlestick ...