The Harami candlestick pattern is frequently used in forex trading to identify trend reversals or extensions. Technical traders respect the indications produced by the Harami candle which makes this ...

As technical patterns culminate in a breakout, traders look for signals as to which direction the stock price might head. This is especially important in reversal patterns. Signals like a bullish ...

Understanding candlestick chartscontinues to be the backbone of price action analysis for the Forex market. Oncetraders understand the basics, they can then begin to compile a series of candles to ...

-- Buy the AUD/USD pair and set a take-profit at 0.6600. -- Add a stop-loss at 0.6450. -- Timeline: 1-2 days. Bearish View -- Sell the AUD/USD pair and set a take-profit at 0.6450. -- Add a stop-loss ...

Candlestick patterns, like price patterns, can indicate the likelihood for reversal of the trend or continuation of the previous trend. Both types offer valuable information for traders. Whether a ...

The Nifty50 rebounded sharply after a day of severe correction and closed with more than 100 points gains on September 29, the first day of the October series. The index also defended 19,550 which ...

SmarTrend's candlestick pattern scanner has detected a bullish harami candle pattern for shares of RadioShack (NYSE: RSH). Friday's real body is within the previous day's body and may imply that ...

SmarTrend's candlestick pattern scanner has detected a bearish harami candle pattern for shares of NxStage Medical (NASDAQ: NXTM). Yesterday's real body is within the previous day's body and may imply ...

Apple Inc. bulls should be warned that a rare “harami cross” candlestick chart pattern is suggesting that a new short-term downtrend is about to be born. “Harami” is Japanese slang for pregnant. In ...

As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders. There are many patterns ...