How to Read Candlestick Patterns for Profitable Forex Trading
Learn to Trade in 5 Days How to Read Candlestick Patterns for Profitable Forex Trading Candlestick patterns are the language of the Forex market, signaling whether a trend will continue or reverse. After seven years of trading and millions in profits, I’ve mastered using patterns like the Head and Shoulders with Price Action Trading to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain how to read candlestick patterns, focus on the powerful Head and Shoulders reversal pattern, and show you how to trade them profitably, plus a real trade example to bring it to life. Get my 5-Day Trading Mini-Course 1. What Are Candlestick Patterns? Candlestick patterns are formations of one or more candlesticks that indicate potential market movements, combining price action with market structure to confirm trade setups. Key Characteristics: Continuation Patterns: Signal that the current trend (up or down) will persist, encourag...