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
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