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

As a new forex trader, you may find yourself lost, puzzled, or overwhelmed by the amount of information available on the internet concerning trading. The best thing to do is to take it slowly and learn correct trading techniques from an experienced professional.  First and foremost, set aside funds to invest in Forex trading education....Read More

Forex is a one-of-a-kind trading market that offers traders a diverse range of options. It’s also a challenging market to trade-in. It necessitates a significant initial commitment, a significant amount of time, and a significant amount of study. There may be a lot to learn if you are new to forex or trading in general....Read More