Stock Chart Patterns

On the Internet and in various textbooks on trading in financial markets, you can find a lot of information about chart patterns and candlestick formations. Examples of such formations are mainly related to the Forex derivatives market and trading of currency pairs. This raises the question: do these patterns apply to stock charts? Of course, candlestick chart price patterns apply to any instrument, including stocks. 

Price chart patterns indicate the overall market sentiment at a specific time. Existing candlestick analysis formations and stock chart patterns vary in type, but they all help determine the possible price direction. Below, we will… Read full author’s opinion and review in blog of #LiteFinance