4 Important candlestick patterns | Forex
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Candlestick patterns are important, they depict potential turning points by identifying a change in market sentiment, but only in certain instances. The give defined entry points as well as easily identifiable stop loss areas, candlestick patterns are rule based and therefore are simple to identify. They define emotion in the market, when combined with some easy to follow rules. The bullish Hammer and bearish shooting star, are important single candle patterns when they are observed in well defined areas. The bullish morning star and bearish evening star are important 3 candle patterns that give strong warnings of a potential change in sentiment.
Comments
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Stephan Hawkins creeped into this video quite alot..
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what time frame do you recommend
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great video..thank you
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on what time frames do yuo use those candle paterns?
plz answer -
one the the bests I ever knew
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Sound quality in this not good at all and this video should be re-done in my opinion..
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very informative video.
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Good video please do a retake with good audio and it would be great
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Good description of the candle patterns presented (evening star, morning star,etc.). Audio was not good, but ....doable.
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Thankyou WP
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Audio quality is crap..
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this technique can make me millions
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Excellent info, but there's a bit of Audio Issue here making it a bit hard to understand a few words of whatever you are trying to say..