One of the best things about candlesticks is that they are very intuitive to read. Think you’re not intuitive? Well try this simple test …
Which of these patterns signals an up trend, and which signals a downtrend?
1. Dark cloud cover
2. Morning star
3. Three black crows
If you answered “down”, “up”, “down” – you’d be absolutely right. And you’ve just passed your first test in candlestick theory!
With practice, reading candlesticks will become something second nature – a quick glance can give you confirmation to enter a trade you’re dithering over, or it can tell you that now is the moment to exit and take profits.
In the meantime, pin your cheatsheet up next to your desk.
To download your free copy, simply sign up to Trader’s Bulletin to access your free download …