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 ...

Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

Natural gas has begun to break out above last week’s high of 1.806 as it again tests that price area as resistance with Tuesday’s high of 1.808. At the time of this writing, it is on track to end the ...

Silver peaked at a high of 24.64 last week thereby completing a 10.6% advance from the February swing low of 22.28. The week ended with a potentially bearish inverted hammer candlestick pattern. There ...

Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...