HollyHopScotch
Recruit
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Opinions?
I like a hammer followed by an engulfing candle.
100% agree. I don't do anything unless it is in an area of support or resistance.Engulfing candles are great, but they only work when you find them in key areas of support and resistance. Do not trade any engulfing candle you see. Ideally only those on the daily and weekly timeframes.
Immersing candles are incredible, however they possibly work when you discover them in key regions of help and opposition. Try not to exchange any immersing flame you see. In a perfect world just those on the day by day and week after week time periods.So far, I have seen pin bar working great as reversal candles but you should look for 2 things when trading a pin bar.
1 - The pin bar should at crucial support or resistance level.
2 - There must be a small candle just before the pin bar candle formed.
Do not trade any engulfing candle you see. Ideally only those on the daily and weekly timeframes.So far, https://ovo.fyi/xvideos/ I have seen pin bar working great as https://ovo.fyi/youporn/ reversal candles https://ovo.fyi/xhamster/ but you should look for 2 things when trading a pin bar.
1 - The pin bar should at crucial support or resistance level.
2 - There must be a small candle just before the pin bar candle formed.
Immersing candles are incredible, however they possibly work when you discover them in key regions of help and opposition. Try not to exchange any immersing flame you see. In a perfect world just those on the day by day and week after week time periods.