-- 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 ...
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 ...
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 RadioShack (NYSE: RSH). Friday's real body is within the previous day's body and may imply that ...
Apple Inc. bulls should be warned that a rare “harami cross” candlestick chart pattern is suggesting that a new short-term downtrend is about to be born. “Harami” is Japanese slang for pregnant. In ...
There are simple bearish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. As discussed in a previous article on bullish candlestick patterns ...
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