Candlesticks present data for adequate technical analysis and highlight a few things about the market for that particular day or time. The stock market is either indecisive (Doji Candlestick ...
Candlesticks usually present data for adequate technical analysis and highlight a few things about the market for that particular day or time. The stock market is either indecisive (Doji ...
A shooting star is a bearish reversal candlestick pattern that indicates a decline is likely following an upward trend. As the schematic image above shows, the exchange rate initially rises as ...
Two weeks ago, gold completed a weekly bearish shooting star candlestick pattern that triggered to the downside last week. Moreover, the bearish weekly signal was confirmed by last week’s close ...
Most notably, it has now formed a shooting star candlestick pattern, which is characterized by a small body and a long upper shadow. This pattern is one of the most popular bearish signs in the ...