Description

Understanding price action is a core skill that enhances the analysis of any
price chart. Candle charting provides simple yet detailed insight into the
state of market conditions that can be applied to clarify the context of past,
present, and future price action. That is why candle charting is a primary
component underlying price action analysis. Learning about price action
and candle patterns is quite straightforward but using them effectively in
real live market conditions takes plenty of time and practice in order to
build experience and develop skill. Studying and practising with chart
examples is a great way to condense years of experience in the market. That
is why the majority of content here is focused on detailed case studies that
outline price action and candle patterns before, during, and after their
development. In doing so a clearer understanding of charting can be gained
due to the process being very similar to real live market conditions, except
in a more convenient and condensed experience without the need to spend
time searching and studying charts over the course of many years.