[Price Action] How to Master the Market's Future by Understanding Candlesticks

This article is for people like this

• “What’s good about trading with candlesticks?”
• “What exactly is price action?”
• “If I study price action, will I become able to win?”

There are many books and blogs that touch on candlesticks. “Candlesticks = price action,” but changing to a somewhat different perspective can change how you see the market.

【Reverse Long?? If this appears, should I go long?】

Why is “Reverse Long = Long”? I’d like to explain in detail including why you can trade with candlesticks or price action.

First, I’ll explain the prerequisites.

■ What Candlesticks Are

Candlesticks are something everyone looking at a chart knows, right?

Above are the basic shapes of “bullish” and “bearish” candles.

Indicators are calculated from the price of each candlestick.

Therefore,Indicators are calculated after the candlestick forms, sotrading with indicators is lagged by one step.

Knowing candlesticks allows you to trade with quick judgments.

■ Types of Price Action

Price action also has different types, so first I’ll explain this with images.

Pin Bar

Spike High / Spike Low