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.

The US Dollar continues to stall against the Japanese Yen but a bearish Dark Cloud Cover candle pattern hint a turn lower may be in the cards. Such a move would validate our expectations of a pullback ...

USD/CAD’s about-face has left a Bearish Engulfing pattern lacking confirmation. The impulsive swing higher comes as no surprise given the series of whipsaws over recent weeks. The pair’s tendencies ...

Last week's candlestick on the Invesco QQQ Trust (QQQ) created a momentum-confirming sentiment shift for the Nasdaq-100. This outside bearish engulfing candlestick on the QQQs is reinforced by today’s ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The word "harami" means "pregnant" in Japanese. This is explained by the shape of the two-session indicator, with ...

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 ...

The Harami candlestick pattern is frequently used inforex tradingto identifytrend reversalsor extensions. Technical traders respect the indications produced by the Harami candle which makes this ...

All good things must come to an end. Just like storm clouds can roll in and spoil a bright, sunny day, a dark cloud cover pattern can also signal the end of bullish stock behavior. This candlestick ...

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 ...

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 ...