The tweezer top candlestick pattern was popularized by Steve Nison in the West through his book ‘Japanese Candlestick Charting Techniques’. Tweezers have varied in appearance, but there are certain ...
What Is an Evening Star? An evening star is a stock price chart pattern that's used by technical analysts to detect when a trend is about to reverse. It's a bearish candlestick pattern that consists ...
When I first started trading, I stared at price charts filled with lines, shapes, and colors, feeling totally lost. All those exotic candlestick patterns like dojis, hammers, and tweezer tops? They ...
The first type of triple candlestick pattern that we'll talk about is morning and evening stars. Both morning and evening stars occur during a trend and can signal a reversal in momentum. The first ...
Many traders like to play both sides of an asset’s price action. But in order to play the bullish and bearish trends, one needs to be aware of the positive and negative signals contained within ...
The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...
Jared Ecker is a researcher and fact-checker. He possesses over a decade of experience in the Nuclear and National Defense sectors resolving issues on platforms as varied as stealth bombers to UAVs.
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