As technical patterns culminate in a breakout, traders look for signals as to which direction the stock price might head. This is especially important in reversal patterns. Signals like a bullish ...

-- 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 ...

Understanding candlestick chartscontinues to be the backbone of price action analysis for the Forex market. Oncetraders understand the basics, they can then begin to compile a series of candles to ...

SmarTrend's candlestick pattern scanner has detected a bearish harami candle pattern for shares of NxStage Medical (NASDAQ: NXTM). Yesterday's real body is within the previous day's body and may imply ...

SmarTrend's candlestick pattern scanner has detected a bullish harami candle pattern for shares of Rock-Tenn (NYSE: RKT). Friday's real body is within the previous day's body and may imply that ...

Candlestick patterns, like price patterns, can indicate the likelihood for reversal of the trend or continuation of the previous trend. Both types offer valuable information for traders. Whether a ...

Let's talk about the pros and cons of the bearish and bullish engulfing pattern. A bullish harami pattern starts with days of increase in price and as the days go on, the percentage of increase slows ...

The Nifty50 rebounded sharply after a day of severe correction and closed with more than 100 points gains on September 29, the first day of the October series. The index also defended 19,550 which ...