Japanese candlestick patterns can be useful to identify potential price reversals. Previously in this column, we discussed bearish reversal patterns. This week, we discuss a two-candlestick bullish ...

A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...

The washout-low price move in FANG stocks may present a needed rotation in price before another upside move sets up. Tweezer Bottoms pattern and RSI pennant formation suggest very clear support levels ...

Many traders like to play both sides of an asset’s price action. But in order to play the bullish and bearish trends, one needs to be aware of the positive and negative signals contained within ...

USDJPY has put in a bullish Tweezer Bottom candlestick pattern at 78.87, the March 17 closing low. While a cautious recovery from oversold territory on relative strength studies adds to the attraction ...