Candlestick patterns have been used by Forex traders for many years, but are they used correctly? Navin Prithyani will go into how price action analysis is key when using candlestick patterns in your trading..

There are many different types of candlestick patterns that many traders use in their trading strategy. There are many names that are using such as dojo, inverted hammer, exhaustion candle, and many many more. Now, what do all of these names mean? Well the names themselves do not mean so much, but it is they why behind these patterns that is important.

In this video, Navin will go over, the why behind some common candlestick patterns. He will also, using price action analysis, go over when and where these candlestick patterns should be used, and more importantly, when they should not be used. Because knowing the why, how and when candlestick patterns should be used will make all the difference when it comes to being a successful candlestick pattern trader.

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//DISCLAIMER

This video expresses our personal opinions only. Trading financial markets involves risk, and is not suitable for all investors. We are not responsible for any losses incurred due to your trading or anything else. We do not recommend any specific trade or action, and any trades you decide to take are your own.