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Candlestick Pattern to make Money for Beginners in Trading
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This presentation provides you the best and most important Candlesticks patterns in Trading to make money. We describe all patterns briefly with pictures. We use simple language and bullet points in this.

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Document information

  • March 25, 2023
  • 15
  • 2022/2023
  • Presentation
  • Unknown

Subjects

  • trading stratergy
  • candlestick patterns
  • price action course
  • stock market course
  • trading for beginn
  • candlestick patterns to make money
  • technical analysis for beginners
  • most powerful candlestick patterns

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  • Finance
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Candlestick Pattern Trading

#1: Introduction to Candlestick Patterns

● Japanese candlestick is a charting method used to interpret
charts.
● The high and low points of a candlestick are determined by its
type.
● This method originated in Japan and was introduced to the
western world by Steve Nison, author of the famous book on
Japanese candlestick charting techniques.
● The wick of a candlestick represents the high or low point for
a given period. Reading a candlestick chart is done by
analyzing the shape and position of each candlestick on the
chart.
● Here is an example of how to read a candlestick chart: A long
green candlestick typically indicates a bullish market trend.
The longer the candlestick, the stronger the trend. A long red
candlestick typically indicates a bearish market trend. The
longer the candlestick, the stronger the trend.
● A doji candlestick indicates indecision in the market. It has a
small body and wicks of equal length. It can be a sign of a
trend reversal.
● Remember, candlestick charts are just one way to interpret
market data, and should be used in conjunction with other
analysis tools.

, #2: The Limitations of Candlestick Patterns

● Japanese candlestick is a tool that can aid traders in making
better trading decisions.
● It is not a technique that informs you of how the price will
move during the day.
● Traders often focus on individual candlestick patterns such as
the shooting star or bullish hammer. However, looking at

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