How to read candlestick charts is one of the initial questions we receive when people are learning how to use candlestick analysis. How to read candlestick charts becomes relatively simple by putting common sense aspects into the visual analysis. High probability trades setups incorporate the first analysis is which direction is the general market heading. Logically, a bearish trending market would induce scanning for the best bearish trades. This is what is occurring in the current market trends. The market indexes appear to be setting up for bearish J-hook patterns. This makes scanning and identifying individual stock charts that are also revealing bearish J-hook patterns high probability trades setups.
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Good Trading,
Stephen Bigalow
