Random article: Candlestick Chart Patterns
For a beginner, learning Candlestick charting can be a daunting task with so many formations to remember. But, in reality, a trader can can dismiss all of continuation formations as well as many reversal ones. These days, any trader can rely on just four Candlestick Reversal Formations to survive the market. The four of them are:
1. Harami or Inside Bar
In this formation, the current candle/bar open and close within, or enclosed by, previous candle range, as shown by the following picture:
