by kyer | Apr 19, 2023 | Candlestick Charting
What is the Falling Three Methods Pattern? A bearish, five candle continuation pattern that signals an interruption, but not a reversal of the current downtrend. Painted by one long red candle, followed by three shorter green candles, ending ultimately with a...
by kyer | Apr 19, 2023 | Candlestick Charting
What is an Evening Star Pattern? An Evening Star is a bearish candlestick pattern consisting of three candles a large white candlestick, a small-bodied candle, and a red candle. It is associated with the top of a price uptrend, signifying that the uptrend is nearing...
by kyer | Apr 19, 2023 | Technical Analysis
What are Cycles? Markets move in 4 phases; accumulation, mark-up, distribution, and mark-down. In the accumulation phase, the market has bottomed and early adopters see an opportunity to jump in and scoop up the asset at a fire sale discount. In the mark-up phase,...
by kyer | Apr 19, 2023 | Candlestick Charting
What is a Falling Wedge Pattern? The Falling Wedge is a bullish pattern that begins wide at the bottom and contracts as prices move lower and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish...
by kyer | Apr 19, 2023 | Candlestick Charting
What is a Hanging Man Pattern? A Hanging Man is a type of bearish reversal pattern, made up of just one candle. It has a long lower wick and a short body at the top of the candlestick with little to no upper wick. What does the Hanging Man Pattern Signal? The hanging...
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