Forex angle Forex, short for foreign exchange, is something I’ve come to understand as a massive, 24/5 marketplace where currencies are traded. The key idea is pretty straightforward: buy one currency while selling another, and make a profit based...
What is a Tweezer candlestick pattern? Tweezers form when two consecutive candlesticks have equal, or very close to equal, highs (tweezer top), or lows (tweezer bottom) The equal highs or lows may also reflect the open or close of two consecutive...
A Tweezer Bottom is a bullish reversal pattern composed of two Japanese candlesticks with matching bottoms that appears at the bottom of downtrends. Tweezer bottom’s matching bottoms are generally composed of shadows but also be the candle’s body. A...
What are On-Neck and In-Neck Candlestick Patterns? On-Neck and In-Neck candlestick patterns are two bearish continuation patterns that I find useful in predicting short-term downward price movements in markets. On-Neck Candlestick Pattern: In an...
USD/JPY technical analysis H4 chart If we look at the H4 chart, the market price is currently trading within the trendline. The market price has just attempted to break out of the downtrend line, and the market is currently trading below the...
