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Four prominent candlestick patterns used by pro traders

Everyone knows candlestick pattern trading strategy is one of the easiest ways to make money. But learning about the candlestick patterns is not that easy. There are more than hundreds of candlestick patterns in the market. Based on the position of the Japanese candlestick, it also gives different signals. For instance, if you spot a bullish pin bar at the bottom of a trend or near a support level, you should be expecting a strong bullish rally. On the contrary, if you spot the same pin bar pattern at the top of an uptrend or near the resistance level, it is an indication that the price is ready to fall.

So, is there any way by which we can become good at price action trading strategy without giving much effort? Well, you need to learn about the popular candlestick patterns in the market. Once you study them, you are going … Read more