If you use charts for forex trading, knowing the psychology behind candlestick patterns is of immense benefit. This video explains well the basics of candlestick patterns.
Important point: The forex trading candlestick patterns are more consistent in a chart of a higher time frame than that of a lower time frame. There is too much “noise” on a lower time frame that renders inconsistency for technical analysis.
Here is the the video for forex trading – Candlesticks. Enjoy!
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