A candlestick shows an asset’s price movement over a set amount of time. This can be anywhere from a minute to a day, depending on the price chart. They display four different price levels which an ...
The wick is a thin vertical line on either side of a candle’s body. While some people may refer to the wicks of a candle, they are technically only referring to one. It is so-named because it ...
Stock candlestick patterns provide valuable insights into a stock’s supply and demand dynamics, giving traders and investors a bird's-eye view of current market sentiment. Some traders may use ...
Written by Daniel Brunson on behalf of LTE Finance. Candlestick patterns are indispensable tools for traders when evaluating price movements across financial markets. Among these patterns, the Doji ...
Knowing how to spot possible reversals when trading can help you maximise your opportunities. The inverted hammer candlestick pattern is one such a signal that can help you identify new trends. Learn ...
As the market approaches what we believe may represent our next support or resistance level, the charts may provide us with a number of subtle clues as to the next probable direction or trend. We can ...
A candlestick depicts the battle between Bulls (buyers) and Bears (sellers) over a given period of time. All known information is reflected in the price. The relationship between the open and close is ...