On 24 February 2022 a bullish reversal pattern (Wyckoff spring) showed up in the 4 US major indices. Detailed market outlook of S&P 500 (SPX) using the price action, volume together with the ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...

In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...

If the S&P 500 closes above 5,487.02 on the daily chart this week, the daily 2b top trading pattern will be invalidated. The weekly reversal candle will be invalidated if the S&P 500 closes above 5464 ...

The most profitable moments in the financial markets often occur not during a trend’s powerful run, but at the crucial point where one trend collapses and a new one begins. This is the inflection ...

Abandoned Baby Bottom is a bullish reversal pattern, which is composed of a doji star, gaping away (including its shadow) from the previous and following candles. Bullish Harami Cross is a bullish ...

While I am not a fan of referring to candle patterns using names, occasionally I become interested in a candle pattern. Of particular interest is the 3 bar reversal patterns on a daily chart, which ...

Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...