How to Trade Three White Soldiers Candlestick Pattern? Three White Soldiers Candlestick Pattern Explained

The three white soldiers candlestick pattern is a powerful bullish signal that traders look for when analyzing charts. This pattern is characterized by three consecutive long green (or white) candles that have small or non-existent wicks, with each candle opening and closing higher than the previous one. This pattern typically occurs after a downtrend or … Read more

What is Hammer Candlesticks pattern? Hammer trading set up explained.

Technical analysts frequently use the hammer candlestick pattern on candlestick charts to anticipate future price trend reversals. When a currency pair opens lower, trades down throughout the time, but then rises to close close to or above the opening price, the pattern is formed. There is a small actual body on the candlestick (i.e., the … Read more

How to trade Inverted Hammers candlesticks patterns? Inverted hammers trade set up explained.

Inverted Hammer pic

The Hanging Man pattern is a bearish reversal pattern that appears at the peak of an uptrend. It indicates that despite the bullish momentum, sellers have started to outnumber buyers, causing the price to potentially reverse direction. The small body at the top of the candlestick represents a failed attempt by buyers to push the … Read more

How to trade Marubozu Candlesticks Pattern? Marubozu trading Setup Explained.

Marubozu candlestikcs

Marubozu is a type of candlestick that has a long body and no wicks or shadows. The opening and closing prices for the time period represented by the candlestick are at the high or low point of the candlestick, indicating a strong trend in either direction. Marubozu candlesticks are considered to be significant because they … Read more