There are various ways one can trade the markets but candlestick patterns is a popular method used to predict the future of price movements.
But if you cant read candle patterns, it's like reading a book in the dark - you are unlikely to get anything from it.
To be clear, a Japanese candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of an instrument for a specific period.
Knowing your candlestick formations could mean the difference between seizing an opportunity or missing the boat!
Join Lukman as he runs through the 10 Top Candlestick patterns every trader should know!
ð¨ What other candlestick patterns are you looking at?
Let us know in the comments section!â
00:30 Number 1: Hammer ð¨
01:09 Number 2: Morning star ð
01:41 Number 3: Bullish engulfing ððªï¸
02:08 Number 4: Three white soldiers ð¨âð¦³ð¨âð¦³ð¨âð¦³
02:31 Number 5: Shooting star ð
03:04 Number 6: Hanging man ð§â
03:25 Number 7: Three black crows ð¦ð¦ð¦
03:57 Number 8: Bearish engulfing ð»ðªï¸
04:20 Number 9: Doji ðµ
04:50 Number 10: Spinning top ðª
Some useful links:
ð FXTM Daily Market Analysis: https://fxtm.co/dailymarketnews
ð Forex Trading Strategies: https://fxtm.co/trading-strategies
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