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. 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 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. Welcome to the forex candlestick patterns world with this cheat sheet. Shall we begin? Candlestick patterns are separated into two groups, simple designs that stand for single candle formation that provide much information by itself, signaling a technical event. 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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