Candlestick patterns are one of the most popular technical analysis elements used by traders. This is largely because of their utility in gaining significant market insight at a glance. Most of us are familiar with some of the more basic candlestick patterns but, in many cases, these simpler patterns will generate false trading signals because they occur in a frequency that is too great.
Here, we will look at some of the more advanced (and more rare) candlestick patterns. These patterns tend to offer a preferable rate of reliability, especially when they occur in conjunction with other price patterns (such as trading gaps). But these patterns also tend to be less well known as many traders stop their research once the more popular patterns have been covered.
FINANCE RESEARCH 