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 ...
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.
This is the second in our series on candlestick patterns: A bullish engulfing pattern is a candlestick patterns that will appear frequently in any market. As its name would indicate it is a signal ...
Candlesticks are used in technical analysis and can help traders to accurately predict market movements. They will look at the shape and colour of candlesticks to get a sense of trends and patterns in ...
The newest forex robot, Avexbot, was just presented by Dubai, United Arab Emirates-based Avenix Fzco, a financial technology business. This software-based trading bot is designed for supporting ...
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Candles can tell a story and sometimes that story can lead to profits. As most traders know, a candle is comprised of the body (the rectangle part) showing the range between the open and close prices ...