CANDLESTICK
Case Study 0016: Tower Bottom Gives Way to a Sharp Rise (USD/JPY)
After a decline, the USD/JPY displayed a tower bottom. Then the market exploded to the upside, signaling robust buying pressure.
CANDLESTICK
CANDLESTICK
Evening Star: Similarities and Differences with Other Candlestick Patterns
The configuration of an evening star has resemblances to other candlestick patterns, including the shooting star, the tower top, and the doji.
CANDLESTICK
Case Study 0015: Dark Cloud Cover and Shooting Star Herald the End of a Correction (S&P 500)
In this article, we will cover the performance of the S&P 500 after the emergence of a dark cloud cover and a shooting star.
CANDLESTICK
Types of Evening Star Patterns
We can distinguish three primary types of evening stars: standard evening star, evening doji star, and abandoned baby top.
CANDLESTICK
Case Study 0014: Shooting Star and Dark Cloud Cover at a Major Resistance Level (Natural Gas)
In this article, we will discuss the performance of natural gas prices after the emergence of a shooting star and a dark cloud cover.
CANDLESTICK
Evening Star: Limitations and Criticisms
While the evening star can serve as a useful instrument for traders, it's important to keep in mind its limitations and the skepticism that surrounds this pattern.
CANDLESTICK
Case Study 0013: Various Long Lower Shadows Herald a Bottom (Natural Gas)
In this article, we will examine the performance of the natural gas market after the emergence of a series of long lower shadows.
CANDLESTICK
Evening Star: Implications in Different Market Scenarios
We discuss the implications of the evening star pattern in different market scenarios, including uptrends and lateral movements.
CANDLESTICK
Case Study 0012: A Small High-Wave After a Market Nosedive (DXY)
In this article, we will discuss the performance of the DXY after the market plunge in mid-July 2023.
CANDLESTICK
Evening Star Variations: Concept and Interpretation
In real-world trading, variations of the evening star that may not perfectly align with the ideal form can still be valid, given certain market conditions.
CANDLESTICK
Case Study 0011: Three Doji Candles and Tower Top (EUR/USD)
In this article, we will discuss the performance of the EUR/USD after the emergence of a series of doji sessions and a tower top.
STOP-LOSS
Evening Star: How to Set Your Stop-Loss
In this post, we'll explore effective strategies to set a stop-loss when using an evening star pattern to initiate a short position.