Both of these popular stock chart patterns mean the same things to technical analysts. Flags and pennants can be bullish or bearish. Flag patterns begin with a sharp vertical move either up or down.

Candlestick charts are a ... Understanding these patterns can enhance your ability to identify potential entry and exit points. We’ll cover both bullish and bearish formations to equip you ...

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However, the broader-term pattern suggests that the price remains within a neutral trading range. WTI Oil 4-Hour Chart – Positive Momentum The 4-hour chart for WTI crude shows bullish price ...

An engulfing candlestick pattern, sometimes called ... indicates resistance. Green is bullish while red is bearish. If there are multiple candlesticks on your chart that look like they could ...

Patterns formed on the charts fall into two categories: Bullish Reversal Patterns and Bearish Reversal Patterns. For instance, a Hammer Candle Pattern is a bullish reversal pattern which tells us ...