Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Today, the forex market is one of the biggest, most liquid and accessible markets in the world, and has been shaped by several important global events, like Bretton woods and the gold...Read More

The Hanging Man candlestick pattern, as one could predict from the name, is viewed as a bearish reversal pattern. This pattern occurs mainly at the top of uptrends and can act as a warning of a potential reversal downward. What happens on the next day after the Hanging Man pattern is what gives traders an...Read More

The on neck pattern occurs after a downtrend when a long real bodied bearish candle is followed by a smaller real bodied bullish candle which gaps down on the open but then closes near the prior candle’s close. The bears are in control of the market, and they continue their dominance with the On Neck...Read More

The Three Outside Up is multiple candlestick pattern which is formed after a downtrend indicating bullish reversal. It consists of three candlesticks, the first being a short bearish candle, the second candlestick being a large bullish candle which should cover the first candlestick. The third candlestick should be a long bullish candlestick confirming the bullish...Read More

An Inverted Hammer is formed at the end of the downtrend and gives a bullish reversal signal. This pattern is formed when the opening and closing prices are near to each other and the upper shadow should be more than twice the real body. An Inverted H Knowing how to spot possible reversals when trading...Read More

The Tweezer Bottom candlestick pattern is a bullish reversal candlestick pattern that is formed at the end of the downtrend. It consists of two candlesticks, the first one being bearish and the second one being bullish candlestick. Both the candlesticks make almost or the same low. When the Tweezer Bottom candlestick pattern is formed the...Read More

The Bullish Harami is multiple candlestick chart pattern which is formed after a downtrend indicating bullish reversal. It consists of two candlestick charts, the first candlestick being a tall bearish candle and second being a small bullish candle which should be in the range of the first candlestick. The first bearish candle shows the continuation...Read More

The Three Inside Up is multiple candlestick pattern which is formed after a downtrend indicating bullish reversal. It consists of three candlesticks, the first being a long bearish candle, the second candlestick being a small bullish candle which should be in the range the first candlestick. The third candlestick should be a long bullish candlestick...Read More

The White Marubozu is a single candlestick pattern that is formed after a downtrend indicating a bullish reversal. This candlestick has a long bullish body with no upper or lower shadows which shows that the bulls are exerting buying pressure and the markets may turn bullish.At the formation of this candle, the sellers should be...Read More

The Three White Soldiers is a multiple candlestick pattern that is formed after a downtrend indicating a bullish reversal. These candlestick charts are made of three long bullish bodies which do not have long shadows and are open within the real body of the previous candle in the pattern.Three white soldiers is a bullish candlestick...Read More