The Best Candle Patterns for Forex
Description of Candlestick Patterns Candlestick patterns are a fundamental tool in technical analysis, employed by traders and investors to decipher the sentiments and potential future price movements within financial markets. These patterns are formed by the individual price bars on a chart, revealing critical information about the battle between bulls (buyers) and bears (sellers). To understand candlestick patterns, it's essential to dissect the anatomy of a candlestick. Body of a Candle: The rectangular area between the open and close prices of a...