The three-candle combination is a potentially bullish hikkake pattern. It can be both a reversal or continuation pattern and it will trigger on a rally above Thursday’s high of $3.75.

A hammer candlestick is a powerful reversal signal that appears after a downtrend, indicating potential bullish momentum. Understanding how to effectively utilize this pattern can significantly ...

Besides bullish and bearish patterns, there are so-called neutral candlestick chart patterns like doji. They often signify indecision in the market when the relative strength of buyers and sellers ...

Gujarat State Fertilizers & Chemicals (GSFC) rallied 5.5 percent on May 17 and formed a long bullish candlestick pattern with small upper and lower shadows on the daily charts with above-average ...

Buy the AUD/USD pair and set a take-profit at 0.6275. Add a stop-loss at 0.6000. Timeline: 1-3 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6000. Add a stop-loss at 0.6275.