Quote:
Originally Posted by BubbleGum
Candlestick formations and price patterns are used by traders as entry and exit points in the market. Forex candlesticks individually form candle formations, like the hanging man, hammer, shooting star, and more.
|
I also like to trade candlestick patterns because they are easy to learn and occur quite frequent on 15M timeframe I trade. My favorite one is bearish/bullish engulfing pattern and pin bar I trade on my Hotforex platform.