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Top 5 Candlestick Patterns Every Forex Trader Should Know
Top 5 Candlestick Patterns Every Forex Trader Should Know

Time Business News

time08-07-2025

  • Business
  • Time Business News

Top 5 Candlestick Patterns Every Forex Trader Should Know

Candlestick patterns help traders understand market sentiment and identify potential price reversals. In this article, we'll cover 5 powerful candlestick patterns that every forex trader should know. A Doji forms when the market opens and closes at almost the same level. This pattern signals indecision and can hint at a potential reversal in either direction. The Hammer is a bullish reversal pattern that appears after a downtrend. It features a small body near the top of the candle with a long lower shadow. This shows that sellers pushed prices lower, but buyers fought back to close near the open. Join our FREE & PREMIUM Forex signals group Shooting Star The Shooting Star is a bearish reversal pattern. It shows up after an uptrend and has a small body near the bottom and a long upper shadow. It indicates strong rejection of higher prices and signals potential downside movement. 4. Bullish Engulfing A Bullish Engulfing pattern happens when a small red candle is completely engulfed by a large green candle. It shows that buyers have overwhelmed the sellers and a reversal to the upside may be starting. 5. Bearish Engulfing The Bearish Engulfing is the opposite of the Bullish Engulfing. A small green candle is followed by a large red candle that completely covers the first. It shows that sellers are taking control after an uptrend. Conclusion Mastering candlestick patterns can give traders a clear edge in the forex market. These five patterns are simple, reliable, and effective when used correctly — especially when combined with other candlestick-based Forex signals daily: TIME BUSINESS NEWS

Mick Ralphs, guitarist for Bad Company and Mott the Hoople, dies at 81

time23-06-2025

  • Entertainment

Mick Ralphs, guitarist for Bad Company and Mott the Hoople, dies at 81

Bad Company and Mott the Hoople guitarist Mick Ralphs has died at the age of 81. "Our Mick has passed, my heart just hit the ground. He has left us with exceptional songs and memories," Bad Company's Paul Rodgers shared in a statement. "He was my friend, my songwriting partner, an amazing and versatile guitarist who had the greatest sense of humor." Bad Company drummer Simon Kirke added, "He was a dear friend, a wonderful songwriter, and an exceptional guitarist. We will miss him deeply." Ralphs was a founding member of the band Mott the Hoople, with the band releasing their self-titled debut album in 1969. After leaving the group in 1973, he formed Bad Company with Rodgers and Kirke, both former members of Free, and former King Crimson bassist-vocalist Boz Burrell. Bad Company released their self-titled debut in 1974, which was a huge success thanks to classic songs such as "Can't Get Enough of Your Love," the title track, "Movin' On" and "Rock Steady." The album went on to be certified five times Platinum by the RIAA. Other Bad Company hits include "Feel Like Makin' Love," "Shooting Star" and "Rock 'n' Roll Fantasy." Ralphs' official cause of death has not yet been released. In 2016, however, he suffered a stroke, which left him confined to his bed until his death. The stroke happened just days after his final performance with Bad Company, in October 2016 at London's O2 Arena. His death comes just a couple months after Bad Company was chosen for induction into the Rock & Roll Hall of Fame. When the news was announced, Ralphs said he was "elated" by the decision; Kirke expressed gratitude that his bandmate was here to see it happen. "To be honest, every year we were not nominated it was another blow, not necessarily for me but we wanted Mick to be able to see this,' Kirke said. "So that's been rectified, and we'll give him a shout from the podium in November."

Study investigates how to support grieving families
Study investigates how to support grieving families

BBC News

time17-06-2025

  • Health
  • BBC News

Study investigates how to support grieving families

A man whose two-year-old son died after contracting sepsis says he "dreads to think" where he and his family would be without the support they from Guildford in Surrey, said Shooting Star Children's Hospices helped him realise he was not alone in his grief following the death of his son Monty in said grieving families were "not alone" and "you don't have to lock yourself away".Shooting Star is now collaborating with experts from the University of Southampton on a project to investigate and make recommendations to improve support for those who experience the unexpected death of a child. The group of hospices said it was one of only two in the country to have created a specialist bereavement service for families whose child had died suddenly or described the support from the hospice's counselling programme as "phenomenal".Now the £1.2m-study from Shooting Star, called Quinet, will see researchers run a national survey of bereaved team will also interview health professionals and other caregivers as part of the study that involves the universities of Surrey, Central Lancashire and Birmingham. Anne-Sophie Darlington, co-lead investigator for the study, said: "Surprisingly little is understood about the very complex needs of families when they experience the deep trauma of the sudden death of a child and it is crucial that we gain evidence about their care needs and what helps them cope in the longer term."The study will make recommendations for change in 2027.

Charts suggest stock-specific approach
Charts suggest stock-specific approach

Hans India

time05-05-2025

  • Business
  • Hans India

Charts suggest stock-specific approach

NSE Nifty continued to face strong resistance around 24,360 points. After a volatile week, the Nifty closed with 307.70 points or a 1.28 per cent gain. BSE Sensex is up by 1.63 per cent. The Midcap gained by 0.25 per cent, and the Smallcap index is down by 0.63 per cent. The Realty index is the top gainer with 2.58 per cent, followed by Auto with 1.33 per cent. The IT and Bank Nifty are up by 0.93 per cent and 0.83 per cent. The Media is the top loser with 1.71 per cent, followed by Consumer Durables with 0.97 per cent. The India VIX is up by 6.41 per cent to 18.25 per cent. The FIIs continuously bought the equities. They bought Rs2,769.81 crore in May, and the DIIs bought Rs3,290.49 crore worth of equities. The Nifty faced strong resistance around the 24,360-400 zone. On Friday, it faced resistance at the 61.8 per cent retracement level of the prior fall, and fell sharply. It formed a Shooting Star candle. Last week's Shooting Star candle failed to get the confirmation for its implications. The volumes were less than last week. However, the undertone of the market is not showing any weaker signals. The institutional buying gained momentum over the last two weeks. The Indo-Pak, geopolitical tensions remain a risk factor for the market. Due to this, the volatility index India VIX is rising for the last weeks and touched 18.25. This shows that they are enough risk-averse hedged positions were built in the market. Technically, the index formed a higher high and higher lows. The short-term average 8EMA is acting as strong support for now. It sustained above the 200DMA, which is at 24,050 points. It is the near-term support. Once the 200DMA enters into an uptrend, expect the market rally to continue. Though it closed below its previous week, strong buying support protected the fall. The index is above the 40 and 50-week averages. The 50-week average is at 23,962 points, which will be the crucial support. The 30 and 40-week averages are still in the downtrend. All the long-term averages must be in the uptrend for a strong uptrend. The weekly RSI is in the neutral zone and above the prior high. There is no divergence visible. The MACD is strongly bullish. However, the daily MACD histogram shows a decline in momentum due to range-bound trading. If the Nifty is able to close decisively above the 24,400-545 zone with high volume, expect to test 25,300 faster. If it closes below the 24,050-23,962 zone of support, it immediately tests 23,800 points. Stay highly cautiously optimistic on the trend and a stock-specific approach is needed. (The author is partner, Wealocity Analytics, Sebi-registered research analyst, chief mentor, Indus School of Technical Analysis, financial journalist, technical analyst and trainer)

Specsavers to launch Elton John eyewear collection
Specsavers to launch Elton John eyewear collection

Fashion Network

time02-05-2025

  • Entertainment
  • Fashion Network

Specsavers to launch Elton John eyewear collection

Music superstar Elton John is about to launch a signature range of eyewear with Specsavers. But given his global status, love of statement eyewear, and no doubt a legion of higher-end brands/retailers eager to sign the legend to an eyewear deal, why choose this particular UK-based high street retailer? 'Accessibility', husband and business partner David Furnish told at the pre-launch event in London. Standing in for the music legend (he was relaxing in his home garden at the time of the launch, Furnish revealed), he said it was 'so important that Elton's fans are able to readily have access to, afford, and enjoy his eyewear, a feature of his life that is so special to him'. And with access and price being key, the range launches through Specsaver's 2,800-plus stores and businesses globally (approaching 1,000 in the UK), and online from 7 May, priced from £130. More fashion than theatrical, the collection is inspired by key moments in John's life and career, with each 'named after an iconic song, personal milestone, or a pivotal period in his journey - from Yellow Brick Road and Tiny Dancer to Shooting Star and Crocodile Rock'. Each pair features key signature details, such as the 'E' mark symbolising his personal stamp of approval, and the star, 'a nod to his illustrious career'. Sir Elton added in a prepared release: 'Glasses have always been a big part of who I am. For me, style is all about confidence and expressing who you truly are. That's exactly what this collection is about, its helping people feel fantastic in frames that celebrate their individuality.' He noted: 'Specsavers and I share the belief that everyone should have access to eyewear that makes them feel like the best version of themselves.' Bianca Swan, Specsavers' style editor, added: 'Elton John's impact on music, fashion, and self-expression is undeniable, and this collection captures that magic. Each frame tells a story, offering a balance of everyday versatility with individuality and style at the core of the collection. Whether you want a subtle nod to Elton's iconic look or a bold show-stopping piece, there's something for everyone in this collection.'

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