Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Thomas J Catalano is a CFP and Registered Investment Adviser with the state of ...
The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...
A failed breakdown and bullish hikkake pattern suggest natural gas may be reversing higher, with key resistance levels and Fibonacci targets coming into play. Natural gas pulled back to retest support ...
A Hikkake pattern is a candlestick formation that assists traders in identifying false breakouts of support and resistance levels. The pattern was first described by a famous trader, Daniel L. Chesler ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
Created by a series of angled parallel lines that form a mesmerizing zigzag, the herringbone pattern has withstood the test of time and remains present in diverse design styles. Named after the ...
The Hikkake pattern introduced by Daniel L Chesler is a Japanese-named pattern which means a ‘hook, trap’. This pattern is named as such as misleads the trades into entering false positions due to its ...
What is the Hikkake pattern? The hikkake pattern indicates the price pattern in the stock market and is used by technical analysts and traders. The hikkake pattern is utilised with the aim to detect ...
Candlestick patterns play a crucial role in technical analysis as they provide valuable insights into potential market reversals and continuations. One of the less common yet highly important patterns ...
Female pattern baldness, or androgenetic alopecia, is a type of hair loss that occurs primarily due to genetics. It typically causes general hair thinning, or for the parting to get wider. In males, ...