ForexEKO, brings a structured, data-driven approach to candlestick trading, refining gold market strategies with precise pattern recognition and strategic execution. Candlestick patterns have long ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...
The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts, and terminology. But as often happens on the high seas, new traders do ...
Among the dozens of candlestick formations, one of the most confusing is the "side-by-side lines" - because it comes in four distinct varieties and telling them apart is not easy. All of these are ...
Japanese candlestick charts have become a standard technical analysis tool for many forex traders. In just one candle, a currency trader can see an exchange rate’s open, high, low and close for a ...
Trading success often depends on whether or not one can pinpoint potentially profitable assets before sharp price movement. This is particularly evident in crypto, where high volatility is the norm.
Learn to identify and trade the rare tri-star candlestick pattern, a potential signal of trend reversals, to increase your ...
I have received a lot of great feedback about this series of articles on candlestick formation. This is a neglected subject in the forex for a number of reasons. Probably the most significant reason ...
The bullish engulfing candle on the weekly charts flashes a strong buy signal for the AUD/USD. This represents a major shift in trend and tells me that we could head back to the currency pair’s ...
As you can see from the chart above, we clearly have a strong downtrend on the EUR/GBP. This is the 2 hour chart; notice how at the end of the move the A candle is quite large but is countered by a ...