The first type of triple candlestick pattern that we'll talk about is morning and evening stars. Both morning and evening stars occur during a trend and can signal a reversal in momentum. The ...

This candlestick chart pattern represents a temporary consolidation or pause in the forex market that suggests indecision prevails over the future direction of the market.

Bear flag appearing on an hourly candlestick chart for EUR/USD. Source: ThinkMarkets.com In this example, the exchange rate initially falls from around the 1.1000 area in a strong down move to the ...

Here are 5 simple candlestick patterns that indicate a bullish price ... the rising three methods pattern often forms as a bull flag or descending wedge — a form of bullish consolidation after a ...

A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...