Indices Trading Predict Candlestick Chart Setups

Candle charts is the study of the 3 most common chart patterns formation of prices on the charts. This study of chart patterns prices aims to predict the movement of price once these chart patterns have been identified on the charts.

The most oftenly used chart patterns and their technical analysis are:

These are classified in to Three different categories:

1. Reversal Candlestick Setups

• Double tops Candle Chart Setups

• Double bottom Candle Chart Setups

• Head & shoulders Candle Chart Setups

• Reverse head & shoulders Candlestick Chart Setups

2. Continuation Candlestick Chart Setups

• Rising triangle Candle Chart Setups

• Falling triangle Candle Chart Setups

• Bull flag/pennant Candlestick Chart Setups

• Bear flag/pennant Candlestick Chart Setups

3. Bilateral Candlestick Setups

• Symmetric triangle - Consolidation Candlestick Chart Setups

• Rectangle - Range Candlestick Chart Setups

Indices Trading Predict Candlestick Chart Patterns? - Candlestick Chart Patterns Trading