Read a Candlestick

Could achieve a profit is the dream of all traders. Therefore all traders competing to find the best way to predict the next market direction.Some are trying to predict the next chart only partially predict the next candle. But actually the predicted graph to predict a candle that is a work of the same. Because of this candle if described in a smaller time frame, it forms a graph. As well as a graph, if combined, would form a single candle on a larger time frame.
Therefore, to read one candle we have also read the compiler of Candle Chart on a smaller time frame. Thus will form a rule:

Therefore, to read one candle we have also read the chart penysun candle on a smaller time frame. Thus will form a rule:If the drafters of the candle chart patterns before a bullish continuation pattern, then the next candle will form a bullish candle
If the pattern of the previous candle chart compilers of a bearish continuation pattern, then the next candle will form a bearish candle
If the pattern of the previous candle chart compilers of a bullish reversal pattern, then the next candle will form a bearish candle
If the drafters of the candle chart patterns before a bearish reversal pattern, then the next one will be formed bullish candle

In addition to the above, read one candle can also be done by looking at the chronology of the candle proficiency level.
For example:

1. Candle long tail
Example candle with a long tail is a shooting star. Normally this candle appears at the end of the down trend and occur at oversold conditions.
Chronology:
Market initially moved down the power of the down trend is happening, thus forming a candle with a long body. But as it turns out the market have touched / passing area of support or have entered the arena oversold, then the graph to be turning upside. At the end of the period covered over with the open price. Thus forming a long lower tail.
So down the long tail is the beginning of the movement up or also an attempt to reverse direction. If the chart on the reverse direction of the experiment is not yet established a pattern correction, then the next candle will have a lower tail. However, if the correction pattern has formed, the next candle will directly shape the body without having to form a tail first.

2. Candlebody long tail length.
Examples of this type of candle is green rocket. Rocket called because of its shape like a rocket and her very strong upward like a rocket.
Here we can see that the market initially declined and then reversed point upward, reversal Because power is so great that at the end of the period is much higher candle closed above the open, and form a long body. Here we can see a great enthusiasm to drive the market higher. So the next candle will surely ride.

3. Candle body length.
Eg marubozu bullish. A long body with short tail shows a dominance from start to finish without any significant resistance.
In normal conditions, after marubozu candle will be formed bullish candle with a shorter body, as a form of buying pressure forwarding but also weaken over time.
Yet if at the top of this marubozu no resistance, then the next candle to be down (bearis) as a form of a correction or preparation to climb higher.

HOW TO READ A CANDLE
One candle is enough to achieve a profit. That is the philosophy of a long-term traders. They just expect the profit from a single candle alone but with a lot of points earned. Time frames are usually used it at least 1 day. But for us the intraday traders can do like them, we can win a lot of points by shooting 4-hourly candle.
There are 3 techniques or how to read a candle next one is:
1. Candle power reading techniques
We can read the direction of the next candle to candle power felt before. Because the assumption is that if the power of the previous candle then next candle is the same direction as a form of power remaining is spent.
Power of a candle is actually measured by volume. It means that if a candle has a large volume of the normal length of the body of the candle is also a form of the energy utilization. Maybe we could imagine a vehicle that has a lot of fuel, these vehicles will be able to travel long distances. Completely different if only a little fuel, may only be a short distance away.
Therefore we can conclude:
If the previous candle has great power, but he was short then this means that power has not been used or blockage of energy. So the next candle candle body will explode long form.
If the previous candle has great power and great andle body, then this means that energy has been used. So the next candle remains in line with the previous candle power but long body candle will then be shorter.
2.Candle reading position techniques on a volatile market
In addition to the size of the volume, direction of the next candle can also be seen from the position of the candle itself. Candle in the volatile energy market is larger than the candle is in a quiet market. So the market is volatile candle bodies are usually longer.
Utilization rules that make up the body longer applies in candle position in a volatile market. You can imagine what might be in the middle of the candle volatile short condition is a form of weakening trend? What might at March're passionate easy to navigate reversed?
The answer is not possible. Therefore, if you see a short candle (spining top or doji) after a long candle on high volatility and that the chances of a long candle.
3. Candle reading techniques at the end of the trend
End of a trend is a very potential area of reversal direction. Therefore, it is usually a tip trend occurred in the area saturated. Signs the market will reverse direction is the emergence of resistance and turning toward trial in the form of tail candle.
So, if you see a candle with a long tail equal to or greater than the length of the body and occurs in the saturated area, then it shows that there is a candle that had been resistance. Therefore the direction of the next candle will be opposite to the direction of the trend is going.
Those are some techniques to read the next candle.
May be useful.

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