Consistent Profits With These Several Candlesticks

In using technical analysis, many traders choose candlestick charts to display prices. Candlesticks are generally used for short-term trading, so they are more suitable for use by traders.

Candlestick is an ancient charting method from Japan that has proven its accuracy for centuries until now. Analysis with candlestick patterns is included in the method of discretionary analysis. That is, technical analysis through candlestick patterns, will basically rely on the trader's subjective intuition to understand price patterns on the chart to become an actual trade execution. The implication is that experience and high flying hours are needed so that this method is truly optimal to bring consistent profits.

To make it easier for beginners to understand, profitable candlestick patterns will follow the systematics of technical analysis in general, candlesticks have alert levels in the form of "signals" and "confirmations". The signal level means that the candlestick has formed a pattern that will indicate an up or down movement, but traders are not advised to place a position first. While the confirmation level means that the candlestick pattern has suggested traders place a position following the direction of movement according to the pattern that appears. Here are some candlesticks that can benefit traders:

Doji

The doji pattern is a candlestick pattern that is formed because the opening and closing prices are the same, forming a cross. This doji pattern shows the balance of buyers and sellers at the same time. This pattern also shows that the market is still unable to determine where the next price movement will go. However, most of these doji candlestick patterns indicate the market will reverse direction after the doji is formed. Candlestick patterns that usually use doji are the morning doji star, Evening doji star, Gravestone doji, Dragonfly doji, and long legged doji.

Watch the video below for full details!

More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com