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 ...

A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...

Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...

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 ...

The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts, and terminology. But as often happens on the high seas, new traders do ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

For years, traders have utilised candlestick patterns, a type of technical trading technique, to forecast price movement. There are several patterns that are labelled as bearish. Bearish candlestick ...

Candlestick patterns are used to predict the future direction of price movement. Discover 16 of the most common candlestick patterns and how you can use them to identify trading opportunities. A ...