The STA Blog - Tag: reversal

It’s my birthday this month, so I’m looking at monthly candles: Not blowing them out though

Many markets this January have been a ‘Tale of Two Cities’ – or halves anyway. This has created a series of very interesting, and sometimes rare, single or two-candle patterns, reminding me of the song ‘Candle in the Wind’. Like the song’s lyrics, ‘’and it seems to me you lived your life, like a candle in the wind, never knowing who to cling to, when the rain set in’’. My gut instinct is to look carefully and special candles to see if they’ll give you a steer as to which way the wind is blowing.

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Posted in STA charts, STA education, STA news, Technical Analysis, Technical Analysis Courses, Technical Analysis Training, Trading, Trending
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