Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

When traders open a chart for the first time, they will likely see a few indicators. Yet, as traders start learning more, they believe that more indicators will help in the process. Eventually, they ...

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 ...

Candlestick patterns are a financial technical analysis method that visually represents daily price movement information on a candlestick chart. A candlestick chart, on the other hand, is a form of ...

The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...

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 ...