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5 Important Candle Patterns that You Need to Know

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OANDA:XAUUSD   Spot Altın/ABD Doları

5 most important candlesticks to know!

Simplicity is the key to a positive result, and many traders ignore the simplicity of using these 5 MAIN candle patterns and the importance of each of them, as well as what they are.

Many traders complicate everything and make trading more complicated than necessary. Using only these 5 candle patterns together with other basics of technical analysis is all you need to successfully make money in the market!

Learn to read the market like a book, read candles-it's like reading words on a page. Candlesticks are the language of the market, and to understand the market, we must be fluent in the language of the markets.

Knowing exactly where to find and trade these 5 candle patterns can change your trading forever.

Candlesticks combined with other methods of applying technical analysis can be incredibly powerful in understanding where financial markets can go.

It is important to remember that candlestick patterns are a physical representation of human psychology and decisions made in the market.

Think deeper. The candles that you see on your charts, actually give you clear signs of what the dominant side (buyers or sellers) wants to do next.

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