The EASY Way To Read Candlestick Charts (Beginner’s Guide)
Reading line charts when trading stocks can only take you so far and there's a reason most traders out there use candlestick charts.
There's just more information and you can really see the battle going on behind the scenes when looking at stock candlestick patterns.
Are the buyers ahead? Are the sellers pulling the market down? Is it a tie and things are staying flat?
So in this video, I take 30 minutes and teach you everything you need to know about how to read candlestick charts at the beginner level from start to finish.
I hope you enjoy this deep dive in candlestick charts and how they can help you make better trades long term!
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My Favourite Resource For Learning About Candlestick Charts ➡︎ https://amzn.to/47N6msC
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Time Codes:
0:00 - Introduction
0:31 - Why Line Charts Suck
2:25 - Candlestick Charts Explained
3:11 - Interpreting a Candlestick
7:40 - Strength of Candlesticks
12:01 - Size of Candlestick Body
18:31 - Length of Candlestick Wicks
22:53 - Body to Wick Ratio
24:23 - Position of the Body
28:02 - Recap
Disclaimer: I am not a financial advisor, this material is for educational purposes only. Please do your own research before making any investment. This video is not sponsored but some links above are affiliate links. They do not cost you anything but I may make a small percentage if you choose to buy a product.
#andrewferguson #candlesticksforbeginners #candlesticks
Music credit is "Heaven" by Aylex
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