Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...

Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be easily ...

Traders often rely on Japanese candlestick charts to observe the price action of financial assets. Candlestick graphs give twice as much information as a standard line chart. They also allow you to ...

As the stock market follows a certain trend, it becomes difficult to know when the current trend may reverse. In the case of a bullish trend where the prices of securities rise consistently, an ...

Candlestick patterns are a financial technical analysis method that visually represents daily price movement information on a candlestick chart. A candlestick chart, on the other hand, is a form of ...

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 ...

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.

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 ...

The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...