A shooting star is a bearish reversal candlestick pattern that indicates a decline is likely following an upward trend. As the schematic image above shows, the exchange rate initially rises as ...

The pattern occurs after a downtrend. Breakaway Pattern is a bearish reversal pattern. It consists of 5 candles. In this pattern, current trend is seen beginning to slow and then filling of the ...

Through these patterns, the traders can comprehend the shifts in the price of a particular company’s stock. These candlestick charts also identify trend reversal patterns like counterattack lines.

The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher ...

With the basics firmly in place, it's time to delve into the different kinds of candlestick patterns and their respective meanings. Single candlestick patterns are formed by just one candlestick ...

Abandoned Baby Top is a bearish reversal pattern, which is composed of a doji star, gaping away (including its shadow) from the previous and following candles. Bearish Harami Cross is a bearish ...

A downtrend has been apparent in Nomura Holdings (NMR) lately. While the stock has lost 5.9% over the past four weeks, it ...

Falling wedges indicate a higher chance of a price reversal to the upside soon ... is considered strongly bullish. It's a candlestick pattern indicated by three consecutive long candles each ...