Shares of Advance Micro Devices are poised for a reversal as its candlesticks show a rare pattern despite a double downgrade ...
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 ...
Paytm shares rebounded strongly after a 12% decline in two weeks, forming a 'Three White Soldiers' candlestick pattern on the ...
then it is assumed to be a bullish reversal but if the prices plunge, it is considered a bearish continuation pattern. A candlestick pattern needs to meet the following criteria to be interpreted ...
Before we delve into individual bullish candlestick patterns, note the following two principles: The bullish reversal ...
The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher ...
A piercing line candlestick pattern, also known as a Doji star, is a reversal signal similar to a hammer or inverted hammer. Like these patterns, a piercing line occurs when price gaps down but ...
White Marubozu is a bullish reversal/continuation pattern. It is a large white candlestick with no wicks on either end. Advisory Alert: It has come to our attention that certain individuals are ...
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 ...
Hammer is a bullish reversal pattern, which occurs at the bottom of a trend. This pattern appears after or during a downtrend. It is a single candlestick pattern. Advisory Alert: It has come to ...