Sunday, 8 January 2017

[lessons] Of Candlesticks & chart patterns

Candlesticks

Chart Patterns

Some words
sharing some illustrations that i saw from FB.
but overall, we cannot blindly look at these candlestick/patterns in discreet, have to consider all these points + overall market structure.

e.g. Market outlook for the sector is becoming positive; stock/counter has a general uptrend; bullish chart pattern; bullish candlestick pattern. if all these align, the probability of going up is good! this is combination of  a FA (maybe 20%)  and TA( 80%).

Hope you enjoyed my thoughts on investments

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