27 Jan 2018

Price Action Candlestick Patterns #5 – The Piercing Line / Dark Cloud Cover Candlestick

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 What is The Piercing Line Candlestick? The Piercing Line Candlestick helps to identify major bullish reversals The first candlestick of the Piercing Line pattern is bearish. The second candlestick opens below the low of the 1st candlestick and closes … Read More

8 Aug 2017

Price Action Candlestick Patterns #4 – The Engulfing Candlestick

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  What is The Engulfing Candlestick? The Engulfing Candlestick helps to define the end of a retracement and its appearance is the complete opposite of the Harami pattern.   The Engulfing Candlestick With an Engulfing Candlestick, the second candle body … Read More

9 Jul 2017

Price Action Candlestick Series – Presentation #3 – The Harami

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What is The Harami? The Harami helps to define the end of a retracement or muted reversal. The word Harami means pregnant in old Japanese. When you see a Harami pattern, the first candle stick is the mother and the … Read More

18 Jun 2017

Price Action Candlestick Patterns #2 – The Marubozu

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What is The Marubozu? The Marubozu is the opposite of the Doji candlestick pattern. The Marubozu’s opening and closing prices are at the extreme ends of the candlestick. When a Marubozu appears, you see essentially a rectangle or box. If … Read More

21 May 2017

Price Action Candlestick Patterns #1 – The Doji

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What is The Doji? The Doji looks like a cross when viewing your charting platform and has the same opening and closing prices. When a Doji appears, you know that price has remained mainly unchanged. This is a display of … Read More

11 Nov 2014

The Common Candlestick Chart Patterns (Part 1)

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The use of candlestick chart patterns is popular in the world of trading, be it in forex trading, binary options trading or trading other assets. There are several types of candlestick patterns, which can assist you in your trading, if … Read More