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Using Candlestick Patterns to Enhance your Technical Analysis
Webinar Description
The popularity of candlestick charting can be attributed to several reasons, such as easier visualization of price action and interpreting the market psychology between bulls and bears. Candlestick patterns can also provide precise entry and exit trigger levels.
But candlesticks alone are not a trading system. Instead, candlesticks can be used as a trading tool that performs better when combined with traditional technical analysis. Candlesticks can help to forecast potential price reversals and continuation with trend analysis, multiple time frames, and market sentiment.
Join John Rowland, Barchart's Head of Trading Education, as he helps you "read the tea leaves" of candlesticks. John will explain how to blend the ancient art of Japanese candlestick charting with traditional technical analysis. Next, he will demonstrate the importance of candlestick signals in the context of trends. In addition, John will cover how to use candlestick trigger levels in risk management. Lastly, John will present his three favorite candlestick patterns and their logic. Don't miss this opportunity to be "enlightened" using Japanese candlestick charts.
In this webinar, you will learn about:
- Candlestick sentiment bias
- Trend analysis and candlestick pattern locations
- John's three favorite patterns and why he looks for them
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