Now it’s your turn. For the third time in the course, we have set a task to reinforce what we’ve shown you. This task will require you to use your broker’s charting package to carry out the exercise.
Goal: To be able to spot a range of candlestick patterns.
Exercise: Download our quick reference guide on candlestick patterns. You don’t have to do this all at once, but over the next week or so go through all the patterns and try to find each one on a chart. Start with a daily time frame but feel free to change the time frame. Really try to observe the frequency of different patterns, some will appear regularly, some will be tricky to find.
Difficulty: 3/3
Time to complete: 120 minutes
Solution….don’t press play until you’ve done your bit:
Note: The first part of the video was recorded on our old site – please download the guide from the materials tab above.