Candlesticks are the building blocks of Technical Analysis so it is important to develop a sound understanding of candlesticks and candlestick patterns to excel in Technical Analysis. In this course, we have discussed with examples the important candlestick concepts that will help you build the foundation which is required to start Technical Analysis.
The concepts discussed in the course:
What is Technical Analysis?
Types of charts
What are Candlesticks?
Types of Single Candlestick Patterns
Types of Multi-Candlestick Patterns
Technical Analysis helps us gauge the constant change in supply and demand of the market instruments whereas Fundamental Analysis helps us analyze the fundamentals of a company’s business to understand how it is performing as a business house.
Price charts are used to determine the important supply/demand positions in the market and visualize important patterns based on historic data that helps us understand the current market condition.
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