The piercing line candlestick pattern is a bullish candlestick pattern that forms after an extended bearish trend. It can be used as an indicator to predict the resumption of the uptrend as it shows ...

Just like the English alphabet is to human education, the candlestick chart is to Technical analysis Candlestick is one of the most important and widely used charts by technical analysts and day ...

EUR/GBP sold off to just below 0.8400 as its downtrend unfolds. It has formed a bullish Piercing Line Japanese candlestick reversal pattern indicating the potential for a correction higher. The pair ...

Trend lines are an important tool in technical analysis for both trend identification and confirmation. One of the basic tenets put forth by Charles Dow in the Dow Theory is that stock prices move in ...