Plain-English guides to how the forex and commodities markets work.
A candle that opens at its high or low and then runs hard the other way for the rest of…
The bearish mirror of a piercing line -- a bullish candle followed by a bearish candle that erases more than…
A small body with wicks of similar length on both sides -- a milder cousin of the doji, showing a…
Structurally identical to a hammer, but appearing after an uptrend -- an early warning that buying momentum may be fading.
A bullish engulfing pattern followed by a third bullish candle closing higher still -- confirmation rather than a single-session event.
Very similar to an on-neck pattern -- a small bounce that closes just inside the prior candle's close, within a…
A bullish harami plus a third confirming candle -- the extra step that turns a tentative signal into a decisive…
Three similar bearish candles opening at the prior close with almost no wick -- a steadier, more mechanical version of…
Similar to rising three methods, but the pullback is allowed to drift a bit further before the uptrend resumes.
A doji with a long lower wick and almost no upper wick -- a common bullish reversal signal after a…