The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.

From Tokyo rice markets to Wall Street trading floors, candlestick patterns have stood the test of time. Now, in the high-stakes world of cryptocurrency trading, where government policies can shift ...

Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

Gold, as an asset traded in financial markets, may display shooting star patterns. Let’s take a look at gold’s weekly chart from 2016-2018. In April 2018, we see a shooting star candlestick (market ...

In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A morning star is a visual pattern consisting of three candlesticks that are ...

A doji is a pattern that appears during a trading session when an asset's beginning and closing prices are almost identical. The Japanese term "doji" means "blunder" or "mistake," and since there aren ...