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5 Candlestick Patterns That Every Trader Should Know

While there are many candlestick patterns, this ebook identifies the 5 that every trader should know. They identify both trend reversals and trend continuations.

Top 5 Candlestick Patterns that Every Trader Should Know
Top 5

While most traders can identify a single formation, it is often the combination of candlesticks that form the best signals. For example, a doji can be a signal for a market reversal but the next bar is the most important for signaling whether there will be a trend continuation or a trend reversal.

In this book, Gail Mercer, reveals all the components of a single bar (bullish, bearish, and doji) and then begins identifying the five formations and combinations (which are known by varying names like morning star, evening star, abandoned baby, spinning tops, etc.).

After identifying the single bar formations, Gail then begins to identify multiple bar formations that can identify either a trend reversal or a trend continuation.

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