If you prefer trading using abstract charts without using too many indicators that can overshadow your decisions; then this topic will definitely be suitable for you.
In it, we will address how to trade on price action using the strongest Japanese candlestick patterns. It is well known that Japanese candlesticks are considered one of the best ways to display price movement; due to the features they include.
Japanese candlestick patterns are formations of candles that appear on charts and provide us with a good picture of price movement. More importantly, when they form at certain price levels, they give us an idea of the future price direction. Therefore, they represent a great tool for traders, and are particularly useful when used correctly.
In this article, we will learn about the strongest Japanese candlestick patterns in detail. We will start by defining Japanese candlesticks, their features for traders, and then we will discuss the strongest of these patterns, their potentials, impacts, and how to trade using them.
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