The “three white soldiers” pattern accompanying the break matters because it implies sustained buying over multiple candles, not a single spike. The immediate setup becomes whether XRP/USD can ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
AFTER RECORD HIGHS WITH THE RAINFALL YESTERDAY, IF YOU HAVE STEPPED OUT THE DOOR TODAY, YOU PROBABLY NOTICED THAT THAT PATTERN IS NOW OFFICIALLY OVER. AND WE ARE BACK IN REVERTING BACK TO THE FIRST ...
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A key technical indicator is flashing a signal that marked the slowdown in the bitcoin BTC ...
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 ...
Octa, a broker that is trusted and regulated around the world, has made a big improvement to its own trading platform, OctaTrader. The AI-powered pattern search now includes recognizing candlestick ...
-- Buy the AUD/USD pair and set a take-profit at 0.6600. -- Add a stop-loss at 0.6450. -- Timeline: 1-2 days. Bearish View -- Sell the AUD/USD pair and set a take-profit at 0.6450. -- Add a stop-loss ...
Japanese candlestick patterns are among the most widely used tools in technical analysis, and those formed by three or more candles are generally considered the most reliable. The Three Inside Up and ...
Candlestick charts display open, close, high, and low prices within each selected timeframe. The body color of the candlestick shows market sentiment. Green indicates bullish movement, while red ...