Candlestick patterns are enormously effective in forex trading because they can be used to anticipate reversals in price trend, creating the market volatility that experienced traders thrive on. Use this cheat sheet to look like a pro in your next forex trade.
Guidelines to a Zig-Zag correction The diagram above shows how a zig-zag wave pattern looks like . We have three phases which we encounter . Wave (A) is a five wave move same for wave (C) but wave (B) is a three wave move as a correction. It often called a 5-3-5 because of the
In this article, we wrote a complete guide to forex candlestick patterns one of the most commonly used technical analysis tools in the forex market. #Forex #ForexTrader #Trading #TradingView #Investing #Stocks #Futures #Crypto #CandlestickChart #TechnicalAnalysis #PriceAction #Price Patterns #CandlestickPatterns. price action trading patterns | price patterns | forex price action strategy | candlestick chart patterns | forex candlestick patterns | how to read candlestick charts.
Access 30+ markets including #Crypto, Indices, Commodities and Forex with a #Bitcoin-based platform. Go long and Go short with up to 1000x leverage. Join #PrimeXBT today and start trading in minutes! Click Link In my Bio @primexbt_offcial