TALKING CANDLESTICKS- Reading the charts in simple way!This is an attempt to analyze the chart patterns in a simple and common language.
Simpler
Met with resistance Area The price just went to touch with the resistance area a couple of times and there is a great chance that it going back down for a little bit - at least to the previous support base. The risk to reward is not the best but there is a feeling that the price could range here a little bit before doing its thing we are waiting for.
Keep it simple, naked charts would the aid.
