Understanding bullish and bearish patterns helps predict short-term price movements. Candlesticks offer visual and analytical advantages over other chart types. Due to their limitations ...

This blog will guide you through the essential concepts of reading candlesticks, including a brief history, key patterns, and ...

Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll break down the basics for you here.

The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.

ForexEKO enhances candlestick analysis by detecting and evaluating these formations using automated logic. This removes the guesswork, offering cleaner signals backed by historical data. By processing ...