Candlestick Reversal PatternsMost candelstick traders that use technical analysis as the basis for their positions spend a lot of time watching candlestick charts. This chart type is useful on a number of different fronts, and one of the best examples of this can be found in the ways candlestick charts can make it easier to spot reversals.When we talk about reversals, the main idea is that any prevailing trend has started toFirst Target area is coinciding with 1.8% Fib Retracement of the whole bearish move from 0.8213, and second one could be at 78.2 level.
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Advanced candlestick patterns forex peace