Candlestick Patterns Graph Pola candlestick forex analysis traders use candlestick patterns to help predict future price movements. This graph marks some commonly used candlestick patterns over recent market rates, and uses colors to pola candlestick forex patterns if the patterns are bullish, bearish, or neutral. Candlestick patterns, like any other type of indicator, do not predict market movements correctly all the time.
Do not make your trading decisions solely based on these patterns. Mouse over a pattern to identify it by name. Our online tutorial provides candlestick formation definitions. Draw a box on the graph to zoom in. Use the check boxes under the graph to include or filter out patterns. When you click to include SMA or EMA overlays, you can then modify their period settings. Note that patterns are easier to spot when the market is moving quickly, rather than when the market is slowly ranging.
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