XAUBOT Blog

When it comes to bullish candlestick chart patterns, perhaps nothing comes close to the three white soldiers in terms of reliability and strength. Rest assured, when you are lucky enough

Evening star is a candlestick pattern that stands in direct opposition to the morning star pattern, both of which are used to signal trend reversals in the market.  Trends are

Stars have been used for path finding for a very long time. Believe it or not, stars are also used for the same reason in the forex market. But how

In a previous article we have covered the tweezer bottom. Now is the turn for its sibling, the tweezer top candlestick pattern.  Forex traders, and indeed all traders, have always

Another important category of candlestick patterns is known as tweezer patterns. Similar to other candlestick patterns, tweezers also exhibit a lot of dualities. First of all, there are two main

Marubozu is a Japanese term, which literally translates to a head that has been shaved. What does that mean on the chart? We will find out. The fact is, Marubozu

In previous articles, we have covered candlesticks patterns that are made from a single candlestick and also two candlesticks, referred to as dual candlestick patterns. In this article, we are

Hanging man is not just the name of a popular game you used to play when you were a kid, it is also the name of a simple but useful