Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...

Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Chartists benefit from becoming familiar with three specific kinds of candlestick continuation signals. These are ...

Bank Nifty prediction tomorrow: Bank Nifty entered a brief consolidation phase with some profit booking seen near the recent highs. The index opened with a gap down today, May 7, and settled in the ...

The formation of a Piercing Line pattern raised hopes for a continuation of the uptrend; however, momentum indicators still need to align with the bulls for a sustained market uptrend.

Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...

Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...