U.S. Dollar / Canadian DollarEducation
The Logic Behind Reading Candlesticks
Hello trades!
We all agree that understanding the logic behind reading candlesticks is very important. I came across few examples which I found very interesting to share.
Also, I've seen a lot of traders going short as soon as they see a shooting star or going long when they see a hammer. Its very important to read at least the next two candlesticks to give you a better understanding of what to expect.
I'll share few more examples in the coming days.
Let me know your thoughts?
- Abdulla
We all agree that understanding the logic behind reading candlesticks is very important. I came across few examples which I found very interesting to share.
Also, I've seen a lot of traders going short as soon as they see a shooting star or going long when they see a hammer. Its very important to read at least the next two candlesticks to give you a better understanding of what to expect.
I'll share few more examples in the coming days.
Let me know your thoughts?
- Abdulla
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.