By Investment U Research Team Candlestick reversal patterns are some of the most exciting patterns to trad. In fact, they’re proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black Crows have a measured accuracy rate of 75% or more in predicting price reversal.
There’s no such thing as a sure thing in the stock market. Yet, candlestick reversal patterns can get pretty close.
Let’s dive into some of the most reliable candlestick reversal patterns. Before we do, it’s important to have a quick primer on the anatomy of a candlestick and what it represents. This will …read more