-kangaroo tail is a reversal signal.
-The open & close of the candlestick should be in the bottom/top
third of the candlestick.
-As a naked trader, you want to look for trade opportunities on zones.
A kangaroo tail is a valuable clue, a particularly valuable clue when
it occurs on a zone.
-It is important for the open and close of the kangaroo tail to be
inside the previous candlestick’s range because this suggests that
the market is not in a runaway trending phase.
-The very best kangaroo tails will have the open and close of the
candlestick well inside the range of the previous candlestick
-The open & close of the candlestick should be in the bottom/top
third of the candlestick.
-As a naked trader, you want to look for trade opportunities on zones.
A kangaroo tail is a valuable clue, a particularly valuable clue when
it occurs on a zone.
-It is important for the open and close of the kangaroo tail to be
inside the previous candlestick’s range because this suggests that
the market is not in a runaway trending phase.
-The very best kangaroo tails will have the open and close of the
candlestick well inside the range of the previous candlestick