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 ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). The island reversal pattern is a key indicator on stock charts, showing groups ...
On 24 February 2022 a bullish reversal pattern (Wyckoff spring) showed up in the 4 US major indices. Detailed market outlook of S&P 500 (SPX) using the price action, volume together with the ...
While I am not a fan of referring to candle patterns using names, occasionally I become interested in a candle pattern. Of particular interest is the 3 bar reversal patterns on a daily chart, which ...
Crude’s rebound from major support zones could surprise to the upside, challenging resistance levels despite earlier bearish breakdown from flag and rising trend channel. Crude oil broke down from a ...