The ABC's of Candlestick Patterns for Forex, Crypto and CFD Trading



We will learn to place candlestick on charts and then how to read those candlesticks. Compared to traditional bar charts, many traders consider candlestick charts more visually appealing and easier to interpret. Each candlestick provides an easy-to-decipher picture of price action. A trader can compare the relationship between the open and close as well as the high and low. The relationship between the open and close is considered vital information and forms the essence of candlesticks. In our final class, we will look at the different candlestick patterns and their interpretations and how to apply these to trading decisions. Investing.com just launched their new candlestick pattern monitor which will help you find and decipher these patterns as they develop.