Best Candlestick Patterns for Day Trading and Option Trading

These levels are known as support and resistance which are very crucial points providing the trading opportunity for the traders. However finding the right support and resistance levels is not an easy task, because there could be multiple such points that look like support and resistance but do not always work. Hence you need to find strong support and resistance.

Best Candlestick Patterns for Day Trading and Option Trading

The formation of Chart patterns while analysing the stock market or individual stocks can tell you the current trend and possible movement. Though a line chart can show you only the trend of movement in price, candlestick chart patterns can give a clearer picture.