I’ve just been reading one of your emails about 24 Candle Strategy
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Hi Long ive just been reading one of your emails about 24 candle strategy can you explain a little more please
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I’ve just been reading one of your emails about 24 Candle Strategy
Any user, who is new to trading, needs to understand and study the different charts for the behavior of the market.
It is not something very different for the candlestick charts as well.
But it does not take much time to understand the basic signals of the charts.
The learning curve is generally shorter for the candlestick charts and thus, it becomes easy for the users.
However, the significance of the charts does not end there.
When you are going for consolidation of the charts, with triangle and flags, you need to understand it in real quick time, there is nothing better than the candlestick charts.
The reversal signal and the continuation can be other healthy reasons for using the candlestick charts.
The candlestick charts are very effective methods to understand the reversal signals especially in the case of heavy volume, higher average price movement on a day, overbought and oversold stocks.
These are the basics of the trading for an investor and candlestick charts give you the easy and precise idea for all these.