Let's cut to the chase right off the bat, trading charts can be a handful of information when you first look at them, wouldn’t you agree? They make you feel like, “What is this telling me?!” 😅
However, not all is doom and gloom. The good news is that there's a super simple way to start putting things together, and it uses those awesome candlestick shapes. They tell you where the market has been, where it might be going and are like footprints left by the market itself! 👀
This image is your new best friend! 👋 It shows you some key candlestick patterns which are the basis of chart analysis. Do you see the ‘Shooting Star’? 🌠 A possible signal forecasting the top. And the 'Morning Star'⭐ Which also has the chance to be the beginning of an uptrend!
These don’t have to be learned with the expectation of always being right, but always with the hope of feeling more confident and considering more factors the market has put forth. You’ll get better with this skill the more you practice, and this visual guide is the perfect place to start.
Let’s give this a more active approach. Save it bookmarks and start analyzing it for the patterns. You got this! 👍
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