3 Bullish Candlestick Patterns That Work – Backtesting and Historical Performance Insights

Very few bullish candlestick patterns work, but this article presents 3 bullish candlestick patterns that work. Even though Candlesticks are a popular charting method, very few patterns have any predictive value. We use candlesticks extensively ourselves for charting because we…

Candlestick Pattern Glossary: Unlocking the Secrets of Technical Analysis

By understanding the various candlestick patterns and their significance, traders can gain valuable insights into market sentiment and potential price trends. In this comprehensive Candlestick Pattern Glossary, we will explore 100 proprietary trading terms, providing you with a valuable resource…

Bullish Hikkake – Candlesticks Pattern and Technical Analysis (Meaning, definition and backtest Analysis)

Among the various candlestick patterns used in technical analysis, those that involve three or more candlesticks are usually held in high regard by traders, and the Bullish Hikkake pattern is one of them. The bullish Hikkake is used to recognize…

Bearish Kicker Candlestick Pattern Trading Strategy: (Statistics, Facts, & Historical Backtest)

The bearish kicker candlestick pattern is presumably one of the most effective bearish reversal patterns that can explicitly define the potential bearish momentum and flow of price action. It is characterized by a large, downward-moving candle that appears after an…

What Is The Best Time Frame For Candlesticks?

Candlesticks are popular. They are very useful for visual displays, but our previous backtests indicate candlesticks might be useful to make trading strategies as well. In this article, we look at what is the best time frame for candlesticks: The…

Bearish Marubozu Candlestick Pattern Trading Strategy – (Statistics, Facts, & Historical Backtest)

The Bearish Marubozu candlestick pattern is a bearish reversal pattern that appears on a chart when the market is trending upwards. It consists of a long bullish candlestick, followed by a bearish candlestick with a small body and long lower…