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Forex reversal patterns are on chart candlestick formations of one or more candles or bigger chart patterns which forecast price reversals. Every chart pattern has a mass sentiment component that can help a trader in gauging potential price swings. There are two types of reversal chart patterns: Forex candlestick patterns and how to use them Forex candlestick patterns are a popular tool to analyse price charts and confirm existing trade setups. They have been used for hundreds of years by Japanese rice traders and have made their way to the West through Steve Nison’s books. In this article, we’ll cover what Forex candlestick patterns are, how they’re formed, and how to trade on them.

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