Trading The Failure Of Candle Patterns by Fawad Razaqzada
As all traders know, chart and candle patterns may or may not follow through in an ideal fashion. But not all is lost when they don’t. Sometimes, you can observe quite a lot about market action and market participants even with failed patterns. Here, we shine a light on what you can learn when candle patterns fail.
In my article in the October 2019 issue of STOCKS & COMMODITIES, I discussed the failure of technical patterns and how to take advantage of such a situation. The same concept can be applied to candlestick patterns, and that’s what I’ll look at this time ...