Freud oil analysisPresently crude in negative zone with Wolfe wave pattern expecting go down sharply…
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Simplified Approach to read Candlesticks -Easy Candles ~ Part 1MARKETSCOM:OIL
Introduction
⦿ Candles form the basis of chart creation and analysis.
⦿ A weak foundation can destabilise your entire structure. This thread will clarify and simplify your understanding of price candles.
I use two types of candles on charts:
1. Momentum/trending candles
2. Rang
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Displays a symbol's price movements over previous years to identify recurring trends.