Candlesticks build patterns that may predict price direction once completed. Proper color coding adds depth to this colorful technical tool, which dates back to 18th-century Japanese rice traders.

Knowing the expectations of candlestick patterns produces a very powerful investment process. It dramatically reduces the typical emotions involved with investing. Knowing that price patterns ...

A single candlestick can offer clues — but patterns formed by multiple candles are often more powerful. These patterns fall into two categories: reversal patterns (signaling a potential change ...

Candlestick patterns are one of the oldest forms of technical analysis originating from Japan. They are now very popular because of their simplicity and the unique insight they give into the ...

The bullish engulfing pattern is a two-candle reversal pattern that occurs when the second candle completely overrides the first. A bullish engulfing pattern occurs when a small black ...