The origins of candlestick ... prices to a new high, they were forced to retreat as sellers came in and drove prices right back down to close near the open. The Shooting Star is the opposite ...
Silver reversed after hitting $33.39, forming a bearish shooting star. While long-term trends remain bullish, short-term ...
What's more, the shooting star followed a bearish engulfing pattern over the weekend, another candlestick pattern ... as today's peak made a higher high, the relative strength index (RSI) made ...
Traders who rely on candlestick patterns can gain a deeper understanding of market trends. To succeed, it is important to learn to trade with their help and combine them with other strategies.
Gold surged to $2,943, hitting record highs before facing resistance. A weak closing price increases the chances that a bearish reversal may follow, with $2,882 as key near-term support.
What's more, the shooting star followed a bearish engulfing pattern over the weekend, another candlestick pattern that warns of a move lower. In further signs of waning price momentum, as today's peak ...
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