Pattern break combination candlestick trading

Pattern break combination candlestick trading

One of the most profitable trading technique that a trader can use especially

in a candlestick chart is the combination of several patterns.

This will help the trader to detect a real pattern break easily by comparing the various patters for a break.

In simple terms, the pattern break combination refers to using a combination of patterns to verify a break.

This will protect the trader from placing wrong trades due to false breaks.

Some of the common patterns that can be combined are the triangle candlestick patterns and the rectangle candlestick patterns.

There are three types of basic triangle patterns which include : Symmetrical triangle pattern,

Ascending triangle pattern and Descending triangle pattern. There are two main types of rectangle patterns which are: bearish rectangle pattern and bullish rectangle pattern.

Ceiling test candlestick trading