Could a single candlestick pattern signal a dramatic shift in Palantir Technologies Inc.‘s (NASDAQ:PLTR) market momentum? While many dismiss technical analysis as mere chart-watching, a surprising ...

Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

The hammer candlestick pattern is frequently observed in theforexmarket and provides important insight into trendreversals . It's crucial that traders understand that there is more to the hammer ...

The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...

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 ...

Melvin Pasternak has spent 27+ years teaching at Mount Royal University and is the author of 21 Candles Every Trader Should Know. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be easily ...

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...

Have you ever been lost on an unknown road because you didn’t have the proper directions or missed a turn on Google Maps? Trading without a thorough knowledge of the stock market is exactly like this.