How to trade candlestick patterns in Forex

TargetSignal | May 03, 2018
How to trade candlestick patterns in Forex

New traders often see candlesticks as a price indication and not as a Forex trading tool. Meanwhile more experienced traders would often refer to candlestick patterns in Forex seeking best entry opportunities.

How to trade candlestick patterns in Forex?

To answer your question, how to use candlestick patterns, one must look into his own trading style.

Although every trader looks into candlestick pattern formations from different angle (e.g. reversal pattern seekers, continuation pattern seekers, scalpers, etc...) we seek to follow the trend, hence use candlestick patterns to follow the market trend.

During the webinar we will touch the following subjects:

  • What is a candlestick?
  • How to read candlesticks?
  • Finding support and resistance with Candlesticks
  • Most common trend following candlestick patterns
  • Most common reversal candlestick patterns

Join Yury Safronau to learn how to use Candlestick patterns in Forex!

About Yury Safronau

Yury Safronau is a PHD candidate independent strategist, trader, co-founder of Target Signals, Chief Currency Strategist at AtoZ Forex and the author of a number of scientific trading theories. He focuses on foreign exchange market from  technical analysis perspective with the focus on Japanese economy. His insights on currencies and commodities won him several #1 rankings in his region.

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Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ, nor should they be attributed to AtoZMarkets.