Congestion Phase Analysis With Candlesticks by Holliston Hill Hurd
ARTICLE SYNOPSIS ...You can trade markets by combining congestion phase analysis with candlestick charting patterns. This
technique, a form of pattern recognition, can be used to profit from stocks, commodities and futures.
Holliston Hill Hurd explains.
Three steps are necessary in using candlestick charts for trading congestion areas. First--and it is
indeed a very important first--the trader must understand congestion areas. Second, the trader must
understand reversal patterns within the congestion areas using candlestick charts. Third, the trader must
define when and how to enter the market. For beginning trade...