The NEPSE index had been creating new highs until a month ago. Then, from February 21, the index began to lose. It had been losing ever since until today. This correction was highly expected by investors. The stock market had become overinflated for myriad reasons. Even in a bull market, a stock can’t keep gaining…
The big money is in real estate, tech, and investment finance. However, now and then, megastar billionaires are created from totally unique sectors. Qin Yinglin is one such billionaire, a Chinese agriculture tycoon, and the world’s richest farmer. Yinling is the chairman and president of the pig farming company Muyuan Foodstuff and is one of…
Bullish Hammer is a candlestick pattern that works around 62% of the time. This pattern is comprised of only one candlestick. This is how to spot a Bullish Hammer pattern on a candlestick chart: 1) Like in all the patterns we are going to discuss, the long-term trend (1-year trend) should be in an uptrend. There is…
In the previous article, we learned about the Bullish Engulfing pattern. The Bullish Engulfing candlestick pattern works 65% of the time. In technical analysis, one way to increase the probability of success is to wait for an extra candlestick confirmation after the formation of a pattern. The Three Outside Up candlestick pattern is a new…
Three White Soldiers is the strongest candlestick pattern. It is formed at the end of a downtrend. Thus, this directly means that the formation of a Three White Soldiers pattern signals the end of a downtrend and a beginning of an uptrend. This is why the Three White Soldiers pattern is called a bullish reversal…