How to improve pattern analysis skill by using data-ming result and pattern indicator.
Candlestick pattern is a specific price movement shown graphically on chart. The most efficient and direct way to master patters is to learn from chart. Only if you go through enough real cases, analyzing, interpreting and summarizing the formation, you will capture essential factors and be proficient in technical analysis.
Candlestick Pattern is crucial in technical analysis. To improve the ability in technical analysis, knowing definition of patterns is not enough at all. The original definition is based on generalization of certain examples and cannot be used as sole evaluation criteria. For example, bullish reversal pattern may turn into bearish continuation pattern under certain circumstances. If you only know the textbook definition of a pattern, but not fully grasp the changes that may occur under different conditions, you may derive opposite outcome with your analysis.
Learning a pattern doesn't always require the help and guidance of a teacher. One can learn and develop skills in a variety of ways.
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