The best trade setups gain high probability factors by identifying the direction/nature of the overall market trend. The best trades are enhanced by knowing the top-ranked candlestick signals and patterns. The positive trading on Friday was not necessarily stimulated by the bullish job report but likely based on the fact that February and March job reports were dramatically revised to the downside. This information made the likelihood of additional rate hikes less likely. As a candlestick investor, you gain the advantage of knowing the direction of individual stock prices based on the strength of each candlestick signal and pattern. Once you learn the top-ranked candlestick signals, you gain much better insight to the strength of the next price move.
