Showing posts with label Technical Analysis. Show all posts
Showing posts with label Technical Analysis. Show all posts

Saturday, December 19, 2020

Best books for candlestick patterns

Candlestick chart is a chart with which is represented by candles, each candle is having Open, High, Low and Close(in short OHLC) prices for a particular timeframe.

If the chart is having these price points for a day then it is called daily timeframe chart, similarly trader use different time frame like for Intraday trading most traders use 3 min, 5 min or 15 min timeframe.

Fig: Candles representing Bullish as well as Bearish behavior.

Best Books to read about Candlestick chart pattern:

Steve Nilson has written many books on candlestick pattern but I recommend Japanese cadlestick charting techniques, it is a wonderful read and give in depth knowledge about candlestick patterns.

 

We recomment below books for indepth knowledge about candlestick charting: 

1. Japanese Candlestick Charting Techniques - Steve Nilson