Breakout trades produce profitable results when utilizing candlestick patterns. Breakout trades can be anticipated knowing what the expected result of a candlestick pattern should produce. Currently, the market indexes continue to show bullish strength, with the Dow likely to test the 50-day moving average. This may take a day or two but provides the evaluation that bullish trade breakouts will likely produce good profits over the next few days. Witnessing candlestick signals at breakout levels provides profitable insights into the strength of investor sentiment. It alters the perspective of chasing stocks versus knowing when to buy a new powerful price trend. Fortunately, the candlestick forum provides chat rooms that identify when breakout patterns will likely occur. An additional benefit of the chat rooms is expediting the learning process of the effectiveness of candlestick signals. Simple scanning techniques allow for identifying which stocks/sectors will perform the best in an identifiable market trend. Currently, the gold stocks and the artificial intelligence stocks are producing good consistent profits. This is a process of the candlestick charts putting investors’ funds in high-probability trade situations.
Chat session tonight at 8 PM ET. Click here to register.
