A bearish engulfing pattern is a candlestick pattern that, like a its bullish counterpart, will appear frequently in any market. It is a bearish indicator and is particularly helpful when trying to ...

One of the goals of a technical trader in the Forex market is to identify changes in the direction of price action. Candlesticks are a natural tool for this task as they give visual insight into ...

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 ...

Did you catch what happened in the market last week? Stressed out about the future? Worried about your positions or retirement account? Are you hearing people talk about the ominous weekly candlestick ...

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 ...

Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...

Silver price continues falling after touching the top of its range and forming a Bearish Engulfing candlestick pattern. The MACD has crossed its signal line giving a sell signal. Silver price will ...

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 ...