The bullish engulfing candle pattern is an easy to use price action tool for Forex. Today we will learn how to use the bullish engulfing pattern for trend trading. Article Summary: The bullish ...

One of the goals of a technical trader in the Forex market is to identify changes in the direction of price action. Candlesticks are a natural tool for this task as they give visual insight into ...

The selloff in financial stocks Thursday has produced a “bearish engulfing” pattern that warns of a short-term top, less than a week after a bullish “abandoned baby” pattern suggested a bottom might ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. One of the most reliable candlestick formations is call the engulfing pattern. It is found often and is a ...

Did you catch what happened in the market last week? Stressed out about the future? Worried about your positions or retirement account? Are you hearing people talk about the ominous weekly candlestick ...

Large cap growth stocks have been outperforming for quite some time, with semiconductors perhaps the most representative of the strength of that trade in recent months. In fact, the semiconductor ETF ...

Bitcoin’s 2.4% decline on Oct. 21 formed a bearish engulfing pattern on the daily chart. A bearish engulfing pattern indicates a short-term or long-term reversal, and it has a success rate of 60% to ...

Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...

Candlestick charts can be used for spotting potential market reversals. Learning how to identify a bearish engulfing pattern, is an important skill for any trader to master. One of the goals of a ...