Spotting price reversals is one of the most difficult actions to master in the Forex market. Through chart analysis, traders can learn to identify candlestick patterns that are a natural tool for this ...
In general, a bearish engulfing candlestick pattern is considered as a bearish sign, as the latest candle completely ...
Trading success often depends on whether or not one can pinpoint potentially profitable assets before sharp price movement. This is particularly evident in crypto, where high volatility is the norm.
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Understanding the candlestick chart is an essential skill for anybody who wants to master trading truly. This is traditionally a pattern chart that can help determine price direction and identify when ...
AGQ has surged 100%+ since November, but RSI and bearish signals warn of a 15–20% pullback risk. Read here for more analysis.
On my prep sheet this AM regarding USDJPY I wrote "counter-trend rally on Daily hasn't had a correction in seven day". We did see a correction lower in the U.S. session however, which left a bearish ...
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose to circle $27,700 at the time of writing. Up around 2.5% from the lows set the day prior, the pair remained on traders’ ...
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, ...
An engulfing candlestick pattern, sometimes called a Marobuzu, refers to a candlestick chart pattern where the real body of the second candle completely overlaps or engulfs the real body of the first ...