The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.

What is a Japanese Candlestick? A Japanese candlestick chart displays a security's opening, closing, high and low prices for a given period. The central part of the candlestick, or the body, ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

A hammer candlestick is a single candlestick pattern that usually indicates a possible turnaround at the end of a downward trend. It is distinguished by having little to no above shadow and a long ...

Zinc Supply-Demand Imbalance Not Yet Prominent, Primarily Following Macro Trends] Overnight, the LME zinc contract recorded a long upper shadow bearish candlestick, with various moving averages ...