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#1
3rd October 2022, 02:26 PM
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Why candlestick patterns are important in stock market?
Why candlestick patterns are important in stock market?
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#2
5th October 2022, 03:55 PM
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Re: Why candlestick patterns are important in stock market?
Why candlestick patterns are important in stock market?
Candlestick patterns are important in stock market because they work and give result. However, their probability of success is not 100% but if you learn to trade them and give some good time to them. You can increase your probability to 80%+. They are easy to spot and you can get good risk reward also. |
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#3
5th October 2022, 06:28 PM
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Re: Why candlestick patterns are important in stock market?
1. Candlestick patterns are important tools in technical trading. Understanding them allows traders to interpret possible market trends and form decisions from those inferences.
2. There are various types of candlestick patterns which can signal bullish or bearish movements. 3. Strong candlestick patterns are at least 3 times as likely to resolve in the indicated direction. |
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#4
8th October 2022, 02:32 AM
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Re: Why candlestick patterns are important in stock market?
Candlestick patterns are used by the traders to determine possible price movement based on past pattern. Candlesticks are useful when trading as they show four price points (open, close, high, low) throughout the period of time the trader specifies.
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