Identify important chart patterns to predict price movements. This section teaches you how to read and analyze patterns for effective trading strategies.
The bearish engulfing candlestick pattern is a popular signal, most traders use this to predict the potential reversals in the stock or forex market. It’s often considered a warning that an upward trend may end and that a price drop could happen anytime soon. Here, I’ll explain what the pattern looks like, how it works, … Read more
Understanding the Bullish Engulfing Candlestick Pattern When trading in the stock market, it’s important to understand different patterns that can help predict price movements. One such pattern is the Bullish Engulfing Candlestick Pattern. Many traders like this pattern because it shows the potential reversal signal from a downtrend to an uptrend. What is a Bullish … Read more