How Do I Analyze Candlesticks Chart Patterns?

How Do You Trade Candlesticks Chart Patterns?

Candlestick forex charts is the study of the 3 most common forex chart patterns formation of forex prices on the forex charts. This study of chart patterns forex prices aims to predict the movement of forex instruments once these forex chart patterns have been identified on the forex charts.

The most commonly used patterns & their forex technical analysis are:

These are classified in to Three different categories:

1. Reversal Candlestick Chart Patterns

• Double tops Candle Chart Patterns

• Double bottom Candle Chart Patterns

• Head and Shoulders Candle Chart Patterns

• Reverse head & shoulders Candlestick Chart Patterns

2. Continuation Candlestick Chart Patterns

• Ascending triangle Candle Chart Patterns

• Descending triangle Candle Chart Patterns

• Bull flag/pennant Candle Chart Patterns

• Bear flag/pennant Candle Chart Patterns

3. Bilateral Candlestick Chart Patterns

• Symmetric triangle - Consolidation Candle Chart Patterns

• Rectangle - Range Candle Chart Patterns

How Do You Predict Candlestick Chart Patterns? - Candlestick Chart Patterns Forex Trading

How Do I Interpret Candlesticks Chart Patterns?