How To Read Candlestick Chart Patterns? Ultimate Beginners Guide | Trending Knowledge
Hey guys
I am Keshav Sagar a Forex Trader and Coach also the Founder of Trending Knowledge.
In this video I explain How you can read Candlestick Chart Patterns if you don't know anything about it.
Here you will also learn how Candlestick Chart Patterns can help you to identify high probability Trading setups.
If you will be able to read the candlestick charts then you can easily get your profit in the bull and bear markets.
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In this video I covered some of these important points :-
What is candlestick chart pattern?
Where it is originated from?
Actually it is originated back in Japan.
Components of candlestick chart pattern -
There are four components : opening price, closing price, low and the high of session.
How to read candlestick chart patterns?
Most of the colour used in the candlestick is green and red.
Combination of candlestick patterns.
Price of different patterns.
How to trade candlestick chart patterns?
There are various types of discussed in this video :
Engulfing patterns - bullish and bearish engulfing pattern.
Hammer and Shooting Start
Dragonfly and gravestone doji
Both of these are the sign of price rejection.
Morning and evening star
Tweezer Top and Bottom
The most important framework that is the TAE Framework
Always remember one important, don't read candlestick pattern in an isolation.
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