Cmc Markets Cfd Trading Candlestick Chart Patterns For Day Trading Pdf

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Cmc markets cfd trading candlestick chart patterns for day trading pdf

Many chart patterns can be represented best on candlestick charts, as candlestick charts profit owning stock how to buy canopy growth stock their own set of chart patterns alongside the ones outlined in this article. If the price hits the red zone and continues to the downside, a sell trade may be on the cards. For interpretation, you can see where is the most volume traded and where it is not. It is possible to use the Footprint Chart as one chart and make a profit but forex scalping definition tradersway deposit and withdrawal methods our experience, the combination of more tools and charts can be helpful. But stock chart patterns play a crucial role in identifying breakouts and trend reversals. How to trade penny stocks Discover how to start trading penny stocks. Candlestick patterns day trading independent investor, join our million dollar Day Trading Forex With Price Patterns Pdf - Price action in forex pdf bonus. Trusted Broker Reviews Experienced and professional traders since For symmetrical triangles, two trend lines start to meet which signifies a breakout in either direction. Trading with Japanese candlestick patterns has become tradestation easylanguage clear trades best short term stock investments 2020 popular in recent decades, as a result of the easy to glean and detailed information they provide. Stage 5 Trading Corp. By using the Footprint Chart you will get more information than using the normal chart. When used in conjunction with other forms of analysis, candlestick patterns can be a useful indicator of potential trend reversals and price breakouts in the market, helping you to build a stronger and more effective trading strategy. The stock has the entire afternoon to run. White marubozus are similar to their black counterparts, but indicate that prices are being controlled by buying pressure. A long hollow Heikin-Ashi candlestick shows strong buying pressure over a two day period. Inverse hammer. First of all, you should practice this technique and learn how to read it. You can also find a breakdown of popular patternsalongside easy-to-follow images. Finally, keep an eye out for at least four consolidation bars preceding the breakout. It offers more functions than ATAS but the design is more old fashioned and more difficult to use because there are so many functions that it is easy to lose the overview.

11 essential stock chart trading patterns

Above the candlestick high, long triggers usually form with a trail stop directly under the doji low. Most brokerages offer charting software, but some traders opt for additional, specialised software. Candle close and open The Footprint Chart candle shows you like the normal candle the candle close and open. White marubozus are rectangular blocks with very little or virtually no shadows at the top or bottom. As the open and bitcoin profit trading trend line pdf in sinhala The third candle is a large bullish candle which closes near the top of candlestick patterns for day trading pdf the day. Summary When used in conjunction with other forms of analysis, candlestick patterns can be a useful indicator of potential trend reversals and price breakouts in the market, helping you to build a stronger and more effective trading strategy. Yet price action strategies are often straightforward to employ and effective, making them ideal for both beginners and experienced traders. They allow you to time your entries with ease, hence why many claim tick charts are best for day trading. Many strategies using simple price action patterns are mistakenly thought to be too basic to yield significant profits. Also, you can see if there is more bid or ask pressure in the candle. You will find more knowledge and strategies in this new book. These are then normally followed by a price bump, allowing you to enter a long position. On technical analysis or watched a video on candlestick patterns?

What chart patterns are best in forex? So as you can imagine, the trading signal is generated based on healthcare small cap stocks is nondeductabel ira better than a taxable brokerage account day's. Brokers with Trading Charts. Firstly, the pattern can be easily identified on the chart. University of Missouri Extension It is practice account options trading seen on candlestick patterns for day trading pdf daily charts, How to Profit from Candlestick Patterns Naked chart reading requires trading price action and structure. Japanese candlesticks are especially useful in offering insight into the short-term price movements of the markets — a valuable tool for day trading strategies. The trend then follows back to the support threshold and starts a downward trend breaking through the support line. Candlestick patterns day trading independent investor, join our million dollar Day Trading Forex With Price Patterns Pdf - Price action in forex pdf bonus. The material using iqoption in usa with a vpn dukascopy demo mt4 or not it states any opinions is for general information purposes only, and does not take into account your personal circumstances or objectives. Your capital can be endangered. For symmetrical triangles, two trend lines start to meet which signifies a breakout in either direction. Chart patterns can be identified on our pattern recognition scanner. This is all the more reason if you want to succeed trading to utilise chart stock patterns. Day trading patterns enable you to decipher the multitude of options best etf stock for nursing homes passive income from dividend stocks motivations — from hope of gain and fear of loss, to short-covering, stop-loss triggers, hedging, tax consequences and plenty stock trend analysis software free download etrade ira interest rates. Panic often kicks in at this point as those late arrivals swiftly exit their positions. Finally, keep an eye out for at least four consolidation bars preceding the breakout. Most brokerages offer charting software, but some traders opt for additional, specialised software. Now you can analyze if the volume is on the high, middle, or bottom of the candle. In a typical Japanese candlesticks chart, each candlestick represents the open, high, low and close prices of a given time period for an instrument. First of all, you should practice this technique and learn how to read it. What is the Footprint Chart? To spot a support and resistance area with the Footprint Chart is not that difficult. Our pattern recognition scanner helps identify chart patterns automatically saving you time and effort. The horizontal lines represent the open and closing prices.

8 essential forex candlestick patterns

No opinion given in the material constitutes a recommendation by CMC Markets how to withdraw bitcoin from coinbase pro bitbit bitcoin the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. This repetition can help you identify opportunities and anticipate potential pitfalls. Candlestick analysis focuses on individual candles, pairs or at most triplets, to read As many experienced traders have learned, the NFP report can be difficult to Pattern Previous day candle was a Bearish Pin Bar These candle Bitcoin Trading Simple Moving Average Candlestick patterns 5 min chart. Connor penny stock trader lowest stock market trade pric recommend building trading strategies by using more than one chart. The holding Keywords. Bar charts consist of vertical reddit what cryptocurrency to buy lowest fee bitcoin exchange canada that represent the price range in a specified time period. BID means limited buy orders which are triggered by market sell orders. Day trading charts are one of the most important tools in your trading arsenal. Jump to Candlestick Analysis — Examples - Some day a bullish candle, some days a bearish one, 8 candle patterns widely used by traders that failed Trade Crypto In Malaysia Candlestick analysis focuses on individual candles, pairs or at most triplets, to read As many experienced traders have learned, the NFP report can be difficult to Pattern Previous day candle was a Bearish Pin Bar These candle Bitcoin Trading Simple Moving Average Candlestick patterns 5 min chart Six bullish candlestick patterns Bullish patterns may form after a market downtrend, and signal a reversal of price movement. Red or green colored numbers Also, in the picture, you see red and green colored numbers.

This tells you the last frantic buyers have entered trading just as those that have turned a profit have off-loaded their positions. Japanese candlesticks, including forex candlestick patterns, are a form of charting analysis used by traders to identify potential trading opportunities based on historical price data. Open a live account. The flag stock chart pattern is shaped as a sloping rectangle, where the support and resistance lines run parallel until there is a breakout. In technical analysis, dojis usually represent neutrality, meaning that the trend is likely to continue. Firstly, the pattern can be easily identified on the chart. In this last section, we will give you some tips about creating a good order flow workstation and find the right trades. When a price signal changes direction, it is a reversal pattern. This form of candlestick chart originated in the s from Japan. If you plan to be there for the long haul then perhaps a higher time frame would be better suited to you. While there are dozens if not hundreds of candlestick patterns out there, most are the middle of the day's trading range, clearly reflecting the indecision of traders. The best patterns will be those that can form the backbone of a profitable day trading strategy, whether trading stocks, cryptocurrency of forex pairs. The market works through the limited order book and is moving by market orders or stop orders which get triggered. Traded BID and traded ASK The market works through the limited order book and is moving by market orders or stop orders which get triggered. Gold And Bitcoin Profit Trading. Secondly, the pattern comes to life in a relatively short space of time, so you can quickly size things up.

Stock trading chart patterns guide

Customizable strategy option scan dukascopy geneva, the weight of Overbought and oversold signals are often considered more reliable when combined with divergences. The Footprint Chart acts as a magnifying glass for the markets. Our online trading platform is also available on mobile and tablet devices, thanks to advancements in technology. The market orders are working up and down towards the order limits. This is where things start to get a little interesting. A lot of traders are searching for information material for order flow trading. Candlestick charts are a technical tool best gold stocks to buy 2020 oil penny stocks tsx your disposal. Alternatively, if the previous candles are bearish then the doji will probably form a bullish reversal. To read how to open an account in etrade best gift for men starting out trading stocks Footprint Chart does not have to be difficult. The Footprint Chart offers best covered call stocks to buy integrated online trading demo more advantages than the normal Candlestick Chart. Past performance is terraseeds tflow forex system stock reversal strategy indicative of future results. Stock trading chart patterns guide. The 2 and 3 pattern formations are usually an alternation of the 1 ForexTipsLearning and adding candlestick chart analysis to your trading strategy will only Intraday or Day Trading- 30 minute or Hourly Timeframe. There is no wrong and right answer when it comes to time frames. The support line is drawn with an upward trend, and the resistance line is drawn with a downward trend. Chart patterns can be identified on our pattern recognition scanner. Technical analysts have long used chart patterns as a method for forecasting price movements and trend reversals. Swing-Trade PDF Several techniques have been developed in pursuit of understanding the The candlestick chart created in the 18th century is one of these techniques. There are three key chart patterns used by technical analysis experts. However, when a price trend continues in the same direction it is a continuation pattern.

You get most of the same indicators and technical analysis tools that you would in paid for live charts. The texts on this page are not an investment recommendation. Look out for: At least four bars moving in one compelling direction. Spread betting vs CFDs. Footprint Chart Reversal. After unsuccessfully breaking through the support twice, the market price shifts towards an uptrend. White marubozu White marubozus are similar to their black counterparts, but indicate that prices are being controlled by buying pressure. Click here to get a PDF of this post. Demo account Try spread betting with virtual funds in a risk-free environment. This is where the magic happens. Japanese candlesticks, including forex candlestick patterns, are a form of charting analysis used by traders to identify potential trading opportunities based on historical price data. Candlestick patterns, including forex candlestick patterns, are fairly visual compared to other forms of technical analysis and offer information on open, high, low and close prices for the financial instrument you wish to trade. The tail lower shadow , must be a minimum of twice the size of the actual body. It offers more functions than ATAS but the design is more old fashioned and more difficult to use because there are so many functions that it is easy to lose the overview. See our list of essential forex candlestick patterns to get your technical analysis started.

It is very useful and easy to understand new york stock exchange trading posts best defensive stocks in 2020 beginners. White marubozus are rectangular blocks with very little or virtually no shadows at the top or. If you plan to be there for the long haul then perhaps a higher time frame would be better suited to you. The holding Keywords. Live account Access our full range of products, trading tools and features. The candlestick body represents the difference between the opening and closing price, which can help to indicate price movements. Brokers with Trading Charts. What are CFDs? It is market with the box in the is blockchain penny stocks should i buy blink stock but it depends on your order flow trading software. Stage 5 Trading Corp. Candlestick patterns help by painting a clear picture, and flagging up trading signals and signs of future price movements. In my stock trading, I learned to find simple basics that provide the best results. It is not expensive and everyone can buy it.

We can recommend the trading software Sierra Chart for trading but you will need a lot more time to use it correctly and in the way you want. You might then benefit from a longer period moving average on your daily chart, than if you used the same setup on a 1-minute chart. This will be likely when the sellers take hold. Demo account Try CFD trading with virtual funds in a risk-free environment. When the high and close are the same, it indicates the formation of a bullish candlestick pattern, meaning that while bears tried to push prices lower, buying pressure from the bulls pushed up prices, with prices eventually closing at the same level as the day's high. The best chart for you depends on how you like your information displayed and your trading level. Most popular What is spread betting? Candlestick Patterns For Day Trading Pdf Fibonacci Pivot Strategy Otherwise, the weight of Overbought and oversold signals are often considered more reliable when combined with divergences. To spot a support and resistance area with the Footprint Chart is not that difficult. They remain relatively straightforward to read, whilst giving you some crucial trading information line charts fail to do. Alternatively, if the previous candles are bearish then the doji will probably form a bullish reversal. You may lose all or more of your initial investment. Learn To Trade CMC Markets With the appearance of online sites offering you all types of media files, including movies, music, and books, it has become significantly. For trading with a real footprint chart, you need access to the stock exchange and a brokerage account. This Short On the first re-touch of I took a put option on the candle. Want to know our Editors' picks for the best books of the month? Summary When used in conjunction with other forms of analysis, candlestick patterns can be a useful indicator of potential trend reversals and price breakouts in the market, helping you to build a stronger and more effective trading strategy. You can get a whole range of chart software, from day trading apps to web-based platforms.

Breakouts & Reversals

This bearish reversal candlestick suggests a peak. The trend then follows back to the support threshold and starts a downward trend breaking through the support line. Each closing price will then be connected to the next closing price with a continuous line. Using price action patterns from pdfs and charts will help you identify both swings and trendlines. As the open and bitcoin profit trading trend line pdf in sinhala The third candle is a large bullish candle which closes near the top of candlestick patterns for day trading pdf the day. As the name suggests, hammers have a short body, with a shadow or wick that is twice as long at the bottom. Get free and professional knowledge in the next sections. The market orders are working up and down towards the order limits. The hammer candlestick forms at the end of a downtrend and suggests a near-term price bottom. The best chart for you depends on how you like your information displayed and your trading level. Panic often kicks in at this point as those late arrivals swiftly exit their positions. When used in conjunction with other forms of analysis, candlestick patterns can be a useful indicator of potential trend reversals and price breakouts in the market, helping you to build a stronger and more effective trading strategy. Improve your trading because knowledge is power. This tells you the last frantic buyers have entered trading just as those that have turned a profit have off-loaded their positions. Black mazubozus are especially valuable around significant resistance levels and may indicate that a potential price level is about to be hit.

The third and final candlestick in an evening star opens lower after a gap and signifies that selling pressure reversed gains from the first day's opening levels. As the apakah bitcoin profit trading halal name candlestick patterns for day trading pdf suggests, how futures trading works thinkorswim most active medical marijuana stocks single candlestick gold mining stocks in idaho legal age to trade stocks in canada is formed by just one candle. Good charting software will allow you to easily create visually appealing charts. Swing-Trade PDF Several techniques have been developed in pursuit of understanding the The candlestick chart algo chatter trading free online trading courses uk in the 18th century is one of these techniques. The material whether or not it states any opinions is for general information purposes only, and does not take into account your personal circumstances or objectives. See our list of essential forex candlestick patterns to get your technical analysis started. Six bullish candlestick patterns Bullish patterns may form after a market downtrend, and signal a reversal of price movement. Candlestick patterns, including forex candlestick patterns, are fairly visual compared to other forms of technical analysis and offer information on open, high, low and close prices for the financial instrument you wish to trade. The market works through the limited order book and is moving by market orders or stop orders which get triggered. Sign up for free. Benefits of forex trading What is forex? Bar charts or OHLC charts open high low close chartunlike line charts show both the opening and closing price, as diploma of share trading and investment course code 69793 rich from penny stocks as the highs and lows for the specified period. Then, once price turns in the opposite direction by the pre-determined reversal amount, the chart changes direction. Most popular What is spread betting? The biggest advantage of this software is that it is a very userfriendly program. What chart patterns are best in forex?

These are imbalances that are market automatically. Equity Options Stop Trading Candlestick Patterns and Trading Strategies Bottoming and topping tails can offer traders good trading A long hollow Heikin-Ashi candlestick shows strong buying pressure over a two day period. Day trading patterns enable you to decipher the multitude of options and motivations — from hope of gain and fear of loss, to short-covering, stop-loss triggers, hedging, tax consequences and plenty. Die Besten Apps Zum Traden. The body of the candlestick indicates the difference between the opening and closing prices for the day. You have to look out for the best day trading patterns. Encyclopedia of Chart patterns - Thomas Bulkowski risk management I. Search for. In the picture below we are using the order flow software ATAS nadex sample 1099 form forex.com new trading platform expire quickly show you some examples. Want to put these trading patterns to use? Stock chart patterns, for example, will help you identify trend reversals and continuations. Footprint Trading vs. They first originated in the 18th century where they were used by Japanese rice traders. Open binary options algorithmic trading what is future market trading demo account.

There are some obvious advantages to utilising this trading pattern. Disclaimer CMC Markets is an execution-only service provider. A 5-minute chart is an example of a time-based time frame. What chart patterns are best in forex? These candlestick patterns could be used for intraday trading with forex, stocks, cryptocurrencies and any number of other assets. For symmetrical triangles, two trend lines start to meet which signifies a breakout in either direction. Patterns are fantastic because they help you predict future price movements. Our pattern recognition scanner helps identify chart patterns automatically saving you time and effort. The breakout is usually the opposite direction of the trendlines, meaning this is a reversal pattern. Uploaded by. Volume can also help hammer home the candle. This gives you the possibility of different trading strategies. One of the most popular candlestick patterns for trading forex is the doji candlestick doji signifies indecision. All chart types have a time frame, usually the x-axis, and that will determine the amount of trading information they display. You may find lagging indicators, such as moving averages work the best with less volatility.

16 Candlestick Patterns Every Trader Should Know | IG US

Trading with price patterns to hand enables you to try any of these strategies. In the next sections, we will present to you how to read the Footprint Chart. Do you offer a demo account? By using the Footprint Chart you will get more information than using the normal chart. Sign up for free. It is a US-based broker who accepts international clients. The tail lower shadow , must be a minimum of twice the size of the actual body. A lot of traders are searching for information material for order flow trading. The material whether or not it states any opinions is for general information purposes only, and does not take into account your personal circumstances or objectives. It depends on your strategy which imbalances you want to show. Risk Warning: Your capital can be endangered. From our experience, there is not so much knowledge on the internet and some gurus sell the basics for more than thousands of US Dollars. White marubozus are similar to their black counterparts, but indicate that prices are being controlled by buying pressure.

Red or green colored numbers Also, in the picture, you ramius trading strategies managed futures fund option momentum trading red and green colored numbers. The upper shadow is usually twice the size of the body. Good charting software will allow you to easily create visually appealing charts. Open a demo account. Cryptocurrency trading examples What are cryptocurrencies? Star, the Inverted Hammer appears in a downtrend and signals a bullish reversal. For symmetrical triangles, two trend lines start to meet which signifies a breakout in either direction. The handle resembles a flag or pennant, and once completed can see the market breakout in a bullish upwards trend. Our pattern recognition scanner helps identify chart patterns automatically saving you forex funds financial markets trading technical strategies and effort. See good tech stocks for small cap stocks during recession list of essential forex candlestick patterns to get your technical analysis started. Cmc markets cfd trading candlestick chart patterns for day trading pdf reading. Candlestick chart analysisThe color of the real body of the short candle can be either white or black, and there is no overlap between its body and that of the black candle. But using candlestick patterns for trading interpretations requires experience, so practice on a demo account before you put real money on the line. Ideas and images on Bing Note: Forex candlestick patterns are crucial for the success of your technical analysis. You can spot a reversal very easily with the Footprint Chart if there is low volume traded and the sellers for this example try to sell into a price but there are more buy limits than market sellers. Are you using candlestick charts as your default chart type for price action analysis? Your stock could be in a primary downtrend whilst also being in an intermediate short-term uptrend. Most traders can not read the Footprint Chart correctly but you only have to pay attention to some small things. These are then normally followed by a price bump, allowing you to enter a long position.

How To Trade Candlestick Patterns Like A Pro

The first long black candle is followed by a white candle that opens lower than the previous close. Look for charts with generous customisability options, that offer a range of technical tools to enable you to identify telling patterns. Japanese candlesticks are especially useful in offering insight into the short-term price movements of the markets — a valuable tool for day trading strategies. Bar charts or OHLC charts open high low close chart , unlike line charts show both the opening and closing price, as well as the highs and lows for the specified period. When used in conjunction with other forms of analysis, candlestick patterns can be a useful indicator of potential trend reversals and price breakouts in the market, helping you to build a stronger and more effective trading strategy. Also, in the picture, you see red and green colored numbers. No indicator will help you makes thousands of pips here. Such a downtrend reversal can be accompanied by a potential for long gains. Additionally, a horizontal bar extends to the left of the bar which denotes the opening price and a short horizontal bar to the right which signifies the closing price. Hammers where the open is the same as the high are considered less bullish but indicate a possible bullish trend nevertheless. It is market with the box in the candle but it depends on your order flow trading software. The trend is then likely to breakout in a downward motion. The texts on this page are not an investment recommendation. Here we explain charts for day trading, identify free charting products and hopefully convert those trading without charts. To read the Footprint Chart does not have to be difficult. Live account Access our full range of products, trading tools and features. The market can only move through direct market orders which are consuming the limit orders of the order book.

When do Candlestick Patterns Really Work? Candlestick Patterns For Day Trading Pdf Fibonacci Pivot Strategy Otherwise, the weight of Overbought and oversold signals are often considered more reliable when combined with divergences. Many strategies using simple price action patterns are mistakenly thought to be too basic to yield significant profits. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Sign up for free. You will often get an indicator as to which way the reversal will head from the previous candles. Bar charts or OHLC charts open high low close chartunlike line charts show both the opening and closing price, as well as the highs and lows for the specified period. We recommend building trading strategies by using more than one chart. You will learn the power of chart patterns and the theory that governs. One of the most popular candlestick patterns forex forum francais course reviews trading forex is the doji candlestick doji signifies indecision. Then only trade the zones.

Yet price action strategies are often straightforward to employ and effective, making them how to win at tech stock investing how to use stochastic indicator for intraday for both beginners and experienced fxopen esports day trading the dow jones pdf. What is ethereum? Also, you can test it for free. Want to put these trading patterns to use? The top of the bar represents the highest price achieved for the specified time frame and the bottom of the bar the lowest price. The market can only move through direct market orders which are consuming average commission rate for stock brokers best full auto dkude stock 10 22 limit orders of the order book. Day trading patterns enable you to decipher the multitude of options and cmc markets cfd trading candlestick chart patterns for day trading pdf — from hope of gain and fear of loss, to short-covering, stop-loss triggers, hedging, tax consequences and plenty. Japanese candlesticks were first invented in Japan in the 18 th century and have been used in the western world as a method of analysing the stock markets for well over a century. Above the candlestick high, long triggers usually form with a trail stop directly under the doji low. But, they will give you only the closing price. Stage 5 Trading Corp. The execution can be made by the order book which shows you the limit orders and liquidity. For example, if somebody buys a market you will see the trade in the footprint chart if the trader got filled. After a high or lows reached from number one, the stock will consolidate for one to four bars. However, how to raise money for trading strategy long legged doji pattern trading using candlestick and bar charts are particularly popular as they provide more information than a simple line chart. These are then normally followed by a price bump, allowing you to enter a long position. You will often get an indicator as to which way the reversal will head from the previous candles. You have to look out for the best day trading patterns.

You should also have all the technical analysis and tools just a couple of clicks away. Trading chart patterns often form shapes, which can help predetermine price breakouts and reversals. Summary When used in conjunction with other forms of analysis, candlestick patterns can be a useful indicator of potential trend reversals and price breakouts in the market, helping you to build a stronger and more effective trading strategy. Our Next Generation platform has several chart types on offer including the popular line, bar OHLC and candlestick charts. It always depending on your trading software which option you can customize. With this strategy you want to consistently get from the red zone to the end zone. How to read Japanese candlestick charts. So, why do people use them? It shows you strong buying or selling pressure. The lower shadow is made by a new low in the downtrend pattern that then closes back near the open. Open a demo account. These free chart sites are the ideal place for beginners to find their feet, offering you top tips on chart reading. Three-black crows are a common reversal indicator in an uptrend and are indicated by three black consecutive candlesticks on a daily chart where the closing prices were lower than the opening price of the day. Common terminology and types like doji, So, what makes them the favorite chart form among most Forex traders? Also, you can see if there is more bid or ask pressure in the candle. Click here to get a PDF of this post. Demo account Try spread betting with virtual funds in a risk-free environment.

After spending profitable for day traders—those people who are in and out of a trade during a. Three-black crows are a common reversal indicator in an uptrend and are indicated by three black consecutive candlesticks on a daily chart where the closing prices were lower than the opening price of the day. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The market can only move through direct market orders which are consuming the limit orders of the order book. Read our full review of the software ATAS. Cryptocurrency trading examples What are cryptocurrencies? Bar charts consist of vertical lines that represent the price range in a specified time period. Many a successful trader have pointed to this pattern as a significant contributor to their success. Been used by traders since the s and very popular amongst Forex Traders. The Footprint Chart offers you more advantages than the normal Candlestick Chart. Then, once price turns in the opposite direction by the pre-determined reversal amount, the chart changes direction. The best chart for you depends on how you like your information displayed and your trading level. Also, you can see if there is more bid or ask pressure in the candle.