Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

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 ...

A doji is a pattern that appears during a trading session when an asset's beginning and closing prices are almost identical. The Japanese term "doji" means "blunder" or "mistake," and since there aren ...

A double candlestick pattern is a price-action setup formed by two consecutive candles on a price chart. Instead of analysing a single trading session in isolation, this approach focuses on how price ...

Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...

Cedric Thompson is a pioneer of Technical Analysis in the English-speaking Caribbean and an Investment Management Strategist at the Trinidad and Tobago Unit Trust Corporation Gordon Scott has been an ...