Candlestick analysis allows you to understand and predict the market situation without the use of trading indicators. Trading using Japanese candlestick involves the search for particular candlestick chart patterns that help to predict price changes. The models of candlesticks gained their popularity due to their informative, simple presentation of the situation on the market trades and high accuracy of signals.
We think it's better to make you understand the basic features of candlestick chart with a graphics. That way you can learn it more easily. So we have decided to make a video for you where you will see how candlestick chart works. It helps you read the chart more accurately and place your trade in forex and options more easily and efficiently.
How do you read candlestick signals?
One or several candlesticks on the chart regularly form combinations that help traders decide to open or close a trade. These combinations are called “patterns”.
Candlestick patterns are divided into models that point to trend reversal and models that point to trend continuation. All one needs to do is to wait for a certain model to appear on the screen and make a trade based on the corresponding prediction.
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