Welcome to our new CandlestickChartPatterns.com web site.
We are currently adding content to the web site so please bear with us during this “development” phase but please be sure to bookmark the site, as we will not only provide candlestick chart theory, but crucially PRACTICAL information on applying and trading using this ancient technical analysis technique.
A key to ALL candlestick chart patterns is that they must always be interpreted in context with the current market structure, not solely in isolation! I can’t stress this enough.
Too many traders get focused solely on the actual candlestick pattern that appears, however the CONTEXT is equally as important, if not more important.
There is no doubting the incredible power of candle sticks but we must not lose sight of the critical component of the context of the candle formation we are interpreting ie market structure, support/resistance, have we had an extended trending move, etc.
More coming soon ….