Question
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Easy way to learn candle patterns?
6 Answer
<p id="isPasted">Every candle has its theory. Normally if the close is below the open a red candle is formed and when the close is above high a green candle is formed. When close and open are at almost the same position a doji is formed.</p><p>The most powerful bullish candlestick is Moribazo, where open is the low and close is the high.</p><p>The wick or shadow is very powerful and gives you an idea of the rejection level on either side. The bigger the wick the stronger the conviction.</p><p>Whenever you are reading a candle stick pattern combine 2–3 candles on …</p>