Category: Chart Pattern

One of the most ancient and reliable techniques used in technical analysis is the study of candlestick patterns. Originating in Japan in the 18th century for the rice trade, candlestick charting has...

Some traders base their trading strategies on fundamental analysis; some use technical analysis, while others use both. Technical analysis is more famous among stock market traders. They use several...

Trading patterns provide a window into the market's behavior, allowing traders to identify recurring price formations and market trends. These patterns have been observed throughout history and...

The Megaphone chart pattern was first described in Richard Schabacker's 1932 book: “Technical Analysis and Stock Market Profits." What is a megaphone chart pattern? Megaphone chart pattern (a...

There are so many candlestick patterns, and it is easy for any trader to get confused. However, the Doji candlestick is known for its unique ‘cross’ shape, which is difficult to miss. This shape...

A Doji candlestick can indicate markets' inability to make decisions and the possible changes in a particular direction.  Doji candlesticks are famous and extensively accepted by traders because...