Candlestick Chart Analysis: understanding candlestick chart patterns, ...

BO Turbo Trader Price Action Guide for Binary Options Trader PDF https://goo.gl/VmcKjJ 👉 SMASH THE LIKE BUTTON 👈 👉 HIT THE SUBSCRIBE BUTTON 👈 👉 LEAVE A COMMENT 👈 Facebook-Group: https://www.facebook.com/groups/31949... Twitter: https://twitter.com/boturbotrader Binary Option Win Rate and Net Profit Calculator + Simulator https://goo.gl/NeUyCp Money Management Masaniello Program + Excel File https://goo.gl/9pNRhs Start Mining Cryptocurrency http://goo.gl/1mJLbU Risk Warning: Your invested capital may be at risk. This video is not an investment advice. Indicators: EMA 3 (blue) EMA 20 (yellow) EMA 50 (orange) EMA 100 (red) EMA 200 (purple) Bollinger Band Period 20 Deviation 2 (green) Bollinger Band Period 20 Deviation 1 (white) Candlestick charts are a technical tool that pack data for multiple time frames into single price bars. This makes them more useful than traditional open-high, low-close bars (OHLC)​ or simple lines that connect the dots of closing prices. Candlesticks build patterns that predict price direction once completed. Understand Basic Chart Patterns When Trading Binary Options. Understanding candlestick patterns goes far beyond just remembering and recognizing certain formations. The actual visual formatting of candlestick charts on trading platforms such as MT4, Ninjatrader and JForex can differ, but the fundamentals of the 4 elements will equip you. But there are tons of traders out there who trade and swear by these price patterns. Let's take a look at many of the most common patterns and see how we can use them in our day-to-day trading to find better entry points. In this article you will learn how to read candlestick charts in Forex trading. The chart below plots the stock price movement of GE for 1 month. FusionCharts will render here. As we saw earlier, each Candlestick shows the opening price, closing price, highest trading price and lowest trading price of the stock on that particular day. Within these categories are both bullish reversal and bearish reversal patterns. So: When you think you see a familiar candlestick pattern in your charts. Learn Candlestick chart continuation and reversal patterns. Understand some of the more commonly found candlestick patterns and how to identify them.