How to Use Candlestick Pattern when Trading on Binomo Platform

How to use bullish candlestick chart patterns

Bullish candlestick patterns have a relatively reliable average success rate of 56%, provided they are analyzed right, yet remember that they do not guarantee a win. However, they are often difficult to read by traders, as they all hold similarities to one another. 

At the same time, for a day trader, candlestick chart patterns are the key to ensuring you make the right trends. These groups of “candles” will predict how prices are moving, giving you a signal as to whether you should buy after a downtrend or not