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Search results for candlestick

What is Japanese Candlestick pattern?

In order to understand candlestick patterns in detail, we must first know about candlesticks. Candlestick chart is a way of representing price in can[...] read more »
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Forex Chart Patterns Popularity Poll

I would like to know what are the most popular chart patterns among the FX traders. Before proceeding to the poll, I’d like to describe the possible [...] read more »
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3 Most Common Forex Chart Types

Novice traders and beginners alike will probably feel a bit overwhelmed by all the options and settings but you must understand that a price chart is[...] read more »
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Candlestick charting is a reliable stock picking tool

Bullish candlestick patterns, when combined with the RSI "oversold" indicator have a history of high reliablity in predicting an upward price rever[...] read more »
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What is Hammer?

Hammer is a candlestick pattern that is made up of only one candle. This pattern is considered as bullish reversal pattern. Hammer pattern occurred i[...] read more »
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Bullish Engulfing Candlestick Pattern

Engulfing pattern is a reversal candlestick pattern. This pattern is composed of two candles with opposite color bodies. The reason behind the engulf[...] read more »
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What is Piercing Line candlestick pattern?

Piercing Line pattern is a bullish reversal candlestick pattern. This pattern is formed of two candlesticks, the first bearish (black) and the second[...] read more »
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What is Dark Cloud Cover candlestick pattern?

Dark cloud cover pattern is a bearish reversal candlestick pattern. This pattern consists of two candles. Dark cloud cover pattern occurs rarely on t[...] read more »
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What is Shooting Star Pattern candlestick pattern?


The Shooting Star is a bearish reversal candlestick pattern. This pattern is made up of one candlestick which looks like an inverted hammer, but th[...] read more »
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What is Doji candlestick pattern?

Doji is another candlestick pattern which is made up of only one candlestick. Doji is a candlestick that has virtually same open and close price, alt[...] read more »
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