Comment on Getting Started with Candlesticks

Ashutosh Jain commented on 20 Mar 2019, 04:41 PM

Hi Karthik

Great initiative! Thank you for sharing your knowledge and experience with us and educating us.

I have one lingering doubt and hope you will be able to clarify it.

Several times I have witnessed a bearish trend followed by few sessions (4-5 sessions) of sideways movement and then followed by a bullish candle pattern resulting in bullish trend for the next few sessions.

So, my question is how should we view the trend prior to the bullish candle pattern? Should we view them whole as a bearish pattern, ignoring the sideways movement?

Hope I have clearly defined the problem.

Thanks!

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