Sticking with the Aussie, the pair has pulled back from the recent swing high resistance level at 1.0612 lately and sold off towards the 1.0400 level I mentioned from yesterday. In doing so, the pair ...

A pin bar reversal pattern formed on the NZD/JPY daily chart, after price reached the key resistance level of the 200-period simple moving average in Monday’s trading session. Additionally, ...

The 4 hour chart gave us a chance to get into this trade early as it showed a nice pin bar (a pattern similar to the shooting star) reflecting a lack of confidence in the bulls. Typically these ...

When it comes to reliable candlestick patterns the ‘engulfing’ pattern lies in the same league as the mighty pin bar pattern in terms of popularity and reliability. Picked at the right spots with ...

Futures Trade | A classic bullish hammer pattern in ONGC ONGC price chart shows a classic hammer or a pin bar pattern at the confluence of a rising trendline and at the support plus a golden cross ...

Price action trading is a strategy that helps to predict market movements by spotting patterns or ‘signals’ in the price movements of an underlying market. Learn about some different price action ...

As you can see by the examples above, long wicked candles like shooting stars or gravestone dojis and hammers are part of a “family” of reversal candlesticks. These candlestick patterns have small ...

Reversal pattern forms after price reaches 200 SMA. Disappointing GDP data emerges from Australia. Trump trade war comments trigger risk-off sentiment. A pin bar reversal pattern formed on the NZD/JPY ...