Candlestick pattern is important & master be memorised....
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  • #1 Collapse

    Candlestick pattern is important & master be memorised....
    candlestick chart pattern is the best trading idea than any other indicator. there are many indicator we have use but candlestick gives us very clear market situation. if we have enough knowledge about candlestick we trade from the good entry point. indicator gives us wrong signal but candlestick gives us very clear signal about price action.
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    There are many candlesticks that can be used by a trader to determine a good opportunity to enter the forex market each candlesticks tell a unique story about the price behaviour and any candle or combination of candles can be used when the trader understand how to apply them. I prefer the candlestick formation they allow me to express the art in me they are flexible if you wish you can make them all black and if you so wish you can make them red. most of the professional successful trader always follow the candlestick graph and in this graph they do trade on candlestick pattern that indicates the trading range for the day as well as the opening and closing prices.
    My latest update:
    https://forum.mt5.com/showthread.php...1#post15181633

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    • #3 Collapse

      candlestick pattern is really great for trading but we know when to use it because on internet people showing some candlestick pattern reversal method but they don't tell where to use it some trader are use this on support and resistance but there is lot more than this because price action trading deep whale in the sea it is very big topic for understanding for those who are interest in this type of trading please watch URBAN FOREX video on you tube this is something really different and useful than other candlestick pattern video

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      • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
      • #4 Collapse

        Agree, candlestick pattern is very usefull in trading for those who trade base on price action. We can clearly see if some of the trend are changing its direction through candlestick pattern. I think its more reliable to use in highly timeframe such as daily, weekly, monthly. In my opinion.

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