hi Quick question from the Beginner- Is candlesticks patterns should be followed only on 1day duration chart or we can use it on any chart from 1m, 5m, 15m etc
Trading with Rayner from youtube is very good with chart pattern analysis.
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It’s simply the use of candles to predict the market without the use of any indicator. It’s more convenient since it shows the current and instant move of the market
Agreed. I find using the Line Pattern with candle sticks works pretty well.
Price action is a strategy used by most of the traders, it is a trading method that helps to foresee the market’s movement through trading signals or by spotting trading patterns of a primary market. Price action in trading forecasts the market in the future by studies of the performance of a security, index, or currency.