A doji is a pattern that appears during a trading session when an asset's beginning and closing prices are almost identical. The Japanese term "doji" means "blunder" or "mistake," and since there aren ...

Another type of technical analysis that we will cover is basic single candlestick patterns, as they are easy to identify and interpret. Another type of technical analysis that we will cover is basic ...

What is a Japanese Candlestick? A Japanese candlestick chart displays a security's opening, closing, high and low prices for a given period. The central part of the candlestick, or the body, ...

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 ...

Japanese candlestick patterns are among the most widely used tools in technical analysis, and those formed by three or more candles are generally considered the most reliable. The Three Inside Up and ...

Candlestick patterns are crucial to understanding the stock market, but where did the concept come from and what do you need to know? Candlestick charts have been used as far back as the 1800s!

Previous close refers to a security's last traded price at market close from the prior day. Learn its implications for trading strategies and analysis of price movements.

A Hammer Doji is a type of bullish reversal candlestick pattern that can be used in technical analysis. When candles of different shapes are arranged in a certain way on the chart, they can indicate ...

Using candlestick patterns in technical analysis when trading the foreign exchange markets can certainly be a worthwhile strategy when looking for both entries and exits for your trades. It is ...

Traders have used the hammer candlestick pattern for a long time in technical analysis and it helps in the movement of stock prices. It indicates the reversal of trend, specifically from bearish to ...

Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick, you ...