Reblog: Candlestick patterns – 21 easy patterns (and what they mean) Part 1 of 3
Here’s the deal, learning just a few key candlestick patterns WILL improve your ability to recognize trading opportunities and enter better trades! The Japanese have been using these patterns for centuries, to trade rice of all things! So, there is a rich history to the art of candlestick trading. Candlestick patterns are an integral part of technical analysis, candlestick patterns emerge because human actions and reactions are patterned and constantly replicate and are captured in the formation of the candles. So, by recognising these patterns and applying the lessons that the patterns teach, can and does yield results in your trading!
And isn’t that the aim of trading?
Now I know what your thinking!
BUT!
Don’t think of this as a list to memorize.
Think of this as a guide that you jump in and out of, whenever you need to jog your memory!