Forex technical analysis is a very wide spread concept that includes various components: from several analytical approaches to take, to specific charts and tools to work with. Just like anything else about the currency trading market, the technical analysis can be mastered by virtually anyone. However, it is also fair to say that becoming a successful analyst will definitely require some time and energy. The best way to go about it is to break down all the information into segments and go through them one by one. This way you can ensure that all of the necessary information is covered and you have an appropriate amount of knowledge to do your own analysis and productively trade based on its results. In this guide we are going to focus our attention on a very specific part of technical analysis - understanding and trading with candlestick charts. We will cover the following:

• Main principles of technical analysis
• The most and least popular types of market charts
• What is candlestick in Forex trading including its origins, structure and formation
• Some of the common chart patterns, both simple and complicated
• Basic candlestick trading strategy guidelines
• The best way to practice candlestick analysis for free