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Today’s Japanese candlestick pattern is called the “Hanging Man”. It is a reversal pattern that is often found at the peak of an upward trend. The most important thing to know about Japanese candlesticks is how to read them. Japanese Candlesticks usually come in two different colors. One color which represents an up day, and a second color which represents a down day. Most trading programs allow you to change the color of your bull and bear candles at will. [...] 1.Candlesticks do not lag behind like many indicators do. They give you up to the minute date about the financial instrument you are examining. |
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I am not a financial adviser. Trade using your own research and at your own risk. Thank You. |
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