Understanding Stalled Pattern A stalled pattern doesn't always mean a downward shift in the market. However, if the next candle after a stalled pattern goes below the middle of the second candle's body, there will likely be a bearish...
What is a Stalled Candlestick Pattern? A stalled candlestick pattern is a candlestick chart pattern that indicates a likely reversal of the current bullish trend. The stalled candlestick pattern occurs at the time when the securities market is...
### Gold Market Technical Analysis: A Look at Key Levels and Trading Signals The gold market started the week with a strong bullish momentum, with prices surging towards the resistance level at 2464.76. This level, a crucial barrier for gold, was...
What is butterfly pattern in forex trading. The butterfly chart pattern is a reversal figure with a butterfly-like shape which is a part of the harmonic group. It helps to identify the ending of a solid trend and allows traders to enter the market...
The Japanese yen (USDJPY) chart shows two key price points that may trigger a rebound from the current downward trend. The first level is 147.200, which serves as a psychological support. If the price finds stability around this point, it could...