By Russell Rhoads . Make smart trading decisions using candlestick charting. This cheat sheet shows you how to read the data that makes up a candlestick chart, figure out how to analyze a candlestick chart, and identify some common candlestick patterns. Candlestick Cheat Sheet Summary. I have created a simple candlestick pattern cheat sheet for your convenience. It contains all the sketches shown above. You can use these Forex candlestick patterns for day trading by simply peeking at the cheat sheet to confirm the patterns. Now you’ve locked in the idea of what candlestick patterns are, let’s dive straight into the different segments of the forex candlestick pattern cheat sheet. Bullish Candlestick Patterns Below we have the candlestick patterns that may signal a bullish move in the markets. Forex Candlestick Patterns Course. Learn the classic Forex Candlestick Patterns and improve your knowledge and trading. Candlestick Anatomy: Real Body, Upper Shadow, Lower Shadow, High, Low, Open, Close, Wicks.. Neutral Candlestick Patterns: Doji, Spinning Top.. Bullish Candlestick Patterns: Hammer, Inverted Hammer, Dragonfly Doji, Bullish Engulfing, Piercing Line, Morning Star, Morning Doji ... Candlestick patterns, which are technical trading tools, have been used for centuries to predict price direction.By referring to this cheat sheet guide, you will get the basic price-action structure of the 10 most effective patterns that are mentioned below.
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