If you’ve never used candlestick charts, you may be surprised to learn how much they can tell you about market trends and direction. Even if you have used them, you’re likely to learn something new about their benefits as a technical analysis tool.
This guide will introduce you to candlestick charts and help you learn how to:
Use them to figure out the state of the market – fast
Forecast market movements with different candle types
Identify when the markets might reverse – and when to wait it out
Plus: Learn five candle types and what they can tell you about market direction.
Looking for more? GFT offers a wide range of resources to help you get the most out of your trading. Visit www.gftuk.com for more information.
RISK WARNING: CFDs, spot forex and spread bets are leveraged products and may not be suitable for everyone as it is possible to lose more than the funds you deposit. Please ensure that you fully understand the risks involved. GFT Global Markets UK Ltd. is authorised and regulated by the Financial Services Authority.
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