Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A morning star is a visual pattern consisting of three candlesticks that are ...

One of the toughest tasks given to traders is spotting price reversals. There are a variety of tools at the disposal of technical Forex traders for the job, but more often than not it is a candlestick ...

The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.

Forex traders usually use candlestick charts since the candles are easy to see and understand. While candles should almost never be traded by themselves, there are certain candlestick patterns, that ...

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 ...

From Tokyo rice markets to Wall Street trading floors, candlestick patterns have stood the test of time. Now, in the high-stakes world of cryptocurrency trading, where government policies can shift ...

I recently showed you how you can use Japanese "candlestick" charts to detect real-time changes in the momentum of the market. Knowing how to read these charts is critical to making sure you're on the ...

Candlestick charts can be used for spotting potential market reversals. Learning how to identify the bullish morning star pattern is an important tool for traders to master. One of the toughest tasks ...