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Weekly Market Wrap: Is Nvidia & the Tech Sector too Overbought?

For subscribers of our "Daily Trading Signals", we now also include a "Weekly Market Report", where we provide a weekly deep-dive on the market, including fundamentals, technicals, economics, and portfolio management: Click here for last…

Tweezer Top & Tweezer Bottom Pattern

What Is a Tweezer? A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can signify either a market top or bottom. Understanding Tweezers Tweezer patterns are reversal patterns that occur when two or more candlesticks…

Three Outside Up & Three Outside Down Pattern

The three outside up and three outside down are three-candle reversal patterns that appear on candlestick charts. The pattern requires three candles to form in a specific sequence, showing that the current trend has lost momentum and might signal…
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Three Inside Up & Three Inside Down Pattern

What Is Three Inside Up/Down? The terms "three inside up" and " inside down" refer to a pair of candle reversal patterns (each containing three individual candles) that appear on candlestick charts. The pattern requires three candles to form…
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Hook Reversal Pattern

What Is a Hook Reversal? A hook reversal is a short-term candlestick pattern that predicts a reversal in the trend's direction. The pattern occurs when a candlestick has a higher low and a lower high than the previous session's candlestick. This…
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Island Reversal Pattern

What Is an Island Reversal? An island reversal is a price pattern that, on a daily chart, shows a grouping of days separated on either side by gaps in the price action. Stock analysts interpret this pattern as an indication that the stock's…

High Wave Candlestick Pattern

What is a High-Wave Candlestick Pattern? A high-wave candlestick pattern is an indecisive pattern that indicates neither bullish nor bearish market conditions. It generally occurs at the levels of support and resistance, where bears and…

Bullish and Bearish Tri-Star Doji

What Is a Tri-Star? A tri-star is a three-line candlestick pattern that can signal a possible reversal in the current trend, whether it is bullish or bearish. Understanding the Tri-Star The tri-star pattern forms when three consecutive doji…

Dragonfly Doji

What Is a Dragonfly Doji Candlestick? A Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It is formed when the asset's high, open, and…