Candlestick patterns come in many forms and they have the power to turn market direction. They are usually made up of two or three candlesticks but always require confirmations if they are to be used in a trade. Candlestick patterns allow us to get into a trade early but this can only be achieved if the correct analysis is utilised. Never simply rely on the candlesticks themselves because they can provide a fake picture of the current market situation. Below is a list of candlestick patterns you are required to know, so ensure that you watch all the Forex training videos.
The British Pound remain one of the week’s best performing currencies, despite fears of a BoE rate cut next week. Finally, the Brexit process nears the end with EU chiefs signing off the Withdrawal...
A very bad week for oil bulls with prices collapsing throughout the week. Technical support looks tentative, while the fundamental backdrop remains weak.
Italy is back on the agenda as focus turns towards the regional Italian election. Government stability to wobble on Salvini win.