Chapter 6
Sakata’s Strategies and Longer Term Candle Patterns
Sakata’s strategies form the basis for modern-day candle pattern analysis. Understanding these patterns and the psychology behind them can give a trader a better understanding of the psychology, or mood, of the market, which can lead to better trading decisions
CHAPTER OBJECTIVES
In this chapter, you will
• Learn Sakata’s strategies and the psychology that each represents
• Discover how Sakata’s strategies form the basis for previously covered patterns
• Understand longer term candle patterns that can signal longer term reversals
• Combine longer term patterns with shorter term reversal patterns
The number three has been considered a mysterious number with mystical powers dating ...
Get Candlestick Charting Demystified now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
