What is Shooting Star Candlestick Pattern
A bearish candlestick pattern known as a shooting star is characterized by a long upper shadow and an absence of a lower shadow.
Tag: candlestick
Understanding the Rising and Falling Wedge Pattern
Traders use this wedge pattern to identify potential trend reversals in the stock market, with two types of wedge patterns, rising and falling, providing different signals depending on the breakout direction.
Band Bollinger: How and When to use?
If the price moves above the upper band, it’s a signal to buy. If the price moves below the lower band, it’s a signal to sell.
Major Potential Trend Reversals with Double Bottoms
The Double Bottom pattern is a bullish chart pattern that is commonly used in technical analysis.
Most Profitable Double Top Chart Pattern
A double top pattern is a bearish reversal pattern that forms after an extended uptrend.