Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

After years of trading experience, I've identified why understanding the most bullish and bearish candlestick patterns is the game-changing skill that separates successful traders from the rest.

Over time, groups of daily candlesticks fall into recognizable patterns with descriptive names like three white soldiers, dark cloud cover, hammer, morning star, and abandoned baby, to name just a ...

Candlestick patterns offer visual cues for price reversals and trend continuation, enhancing trade timing. Momentum oscillators like the Relative Strength Index (RSI) and the Stochastic Oscillator ...

Ignoring the importance of timeframesA common trap is assuming that a candlestick pattern on a 5 minute chart carries the same weight as one on a daily or weekly chart. Shorter timeframes are more ...

If you want to get better at reading charts, you have to understand candlestick patterns. They’re the real-time story of who’s winning the battle — buyers or sellers — and they can give ...

What is your sentiment on FTSE 100 Daily Short?

The three white soldiers formation is considered strongly bullish. It's a candlestick pattern indicated by three consecutive long candles each with a higher top, or closing price. These candles ...

I don't usually spend much time analyzing daily charts ... in the study of Candlestick charts, which I am not, Wednesday's action could be interpreted as a Shooting Star pattern (see below).

If you want to get better at reading charts, you have to understand candlestick patterns. They’re the real-time story of who’s winning the battle — buyers or sellers — and they can give you some of ...