It is not unreasonable to assume that gold could trade to and move above $2000 or higher during this calendar month. Gold Futures Display Strong Bullish Reversal Patterns in Consecutive Weeks Gold ...
EUR/GBP sold off to just below 0.8400 as its downtrend unfolds. It has formed a bullish Piercing Line Japanese candlestick reversal pattern indicating the potential for a correction higher. The pair ...
Bullish candle patterns are a key component of traders’ technical analysis tactics and are used to spot trend reversals.(Image by mohamed Hassan from Pixabay) Bullish candle patterns are a key ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...
US DOLLAR TECHNICAL ANALYSIS – Prices put in a bullish Piercing Line candlestick pattern above support at 10401, the 76.4% Fibonacci expansion, hinting a bounce may be ahead. Breaking above the 61.8% ...
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