THE ULTIMATE CANDLESTICK PATTERNS THAT WILL MAKE YOU EARN
Click To Watch The Videdo: https://www.youtube.com/watch?v=merGREcG_V8 WHAT IS A CANDLESTICK CHART? A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, where the price closed for a period, as well as the price highs and lows for a specific period. The period that each candle depicts depends on the time-frame chosen by the trader. A popular time-frame is the daily time-frame, so the candle will depict the open, close, and high and low for the day. The different components of a candle can help you forecast where the price might go, for instance if a candle closes far below its open it may indicate further price declines. READING CANDLESTICK CHARTS – TALKING POINTS: > Candlestick charts differ greatly from the traditional bar chart > Traders generally prefer using candlestick charts for day-trading because they offer