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Candlestick Investing
When it comes to investing in stocks, forex or options trading nothing beats candlestick patterns.
When you become proficient at candlestick investing and recognizing these simple yet advanced patterns
you learn to identify clear and concise areas for entry and exit.
Otherwise they could not be identified.
Traders can start with just the Top 10 Candlestick Patterns, learning to recognize them and
begin to understand the underlying meaning behind those.
When it comes to candlestick investing there are a few hard fast rules you can learn right now.
First, and definitely one of the most important candlesticks, is the Doji candlestick.
Look for Doji’s at the top of a trend and you will often find the end of an uptrend.
The key is that price had a nice run up then the doji appeared signaling the end of the trend.
There is one problem with that is price did not reverse.
It did hesitate and pull back a bit, but did not reverse.
Did the doji fail us? No we just didn’t find the right SET-UP.
Remember candlestick investing requires a thorough understanding of confluence.
This is where we use multiple tools that point to the same probability.
The first proper step in identifying a bearish reversal is worth paying attention
to identify either a bearish prevailing trend or set a proper trigger.
Let the doji NOTIFY you but don’t trade on that alone.
Always looks for a confirmation before actually trade on the basis of a pattern.
Otherwise the investment can be a total failure.
You can take profit with these powerful and simple strategy
