abdullatrader

The Logic Behind Reading Candlesticks

Education
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
50
Hello trades!

We all agree that understanding the logic behind reading candlesticks is very important. I came across few examples which I found very interesting to share.

Also, I've seen a lot of traders going short as soon as they see a shooting star or going long when they see a hammer. Its very important to read at least the next two candlesticks to give you a better understanding of what to expect.

I'll share few more examples in the coming days.

Let me know your thoughts?

- Abdulla

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