Shooting Star Candlestick Chart Pattern The Shooting Star candlestick pattern is a commonly observed chart pattern in technical analysis that signals a potential reversal in an uptrend. It is a bearish reversal pattern and is particularly...
Spinning Top Candlestick Chart Pattern The Spinning Top is a candlestick pattern that signifies market indecision. It is characterized by a small real body positioned in the middle of a relatively long upper and lower shadow. This pattern can...
Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD maintains a bearish tone...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
Bearish Candlestick Chart Pattern A bearish candlestick chart pattern is a key indicator in technical analysis used by traders and investors to predict potential downtrends or price declines in financial markets. These patterns often signal a...
