My Favorite Candle Patterns
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AuthorAJ Monte
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LevelSTU 100 Level
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Video time30-60 minutes
Course Description
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Here is what we will cover in this course
Candle Pattern Basics
Candle patterns have been used for hundreds of years and were developed by Japanese rice traders to forecast the markets. This is not a new concept, but rather a tried and true technique that has stood the test of time.
Candle Body
The body is a rectangle that encloses a color, green for bullish, or red for bearish, and each body has a different shape to it. The vertical lines that protrude from the upper portion and the lower portion of the body are known as shadows.
How to Interpret Candles
Learn how to interpret possible leading indicators such as Hammer Patterns, Bullish & Bearish Engulfing Patterns, Spinning Tops, Dojis, and more!