Part Three: Candlestick & Patterns
If you are doing End Of Day Trading on Pairs, using candlesticks & patterns will keep you trading in right direction. You will need to do some pre-homework, so that you can catch the next 1 day candlestick & profit.
On daily time frame of GBPUSD, I have noted some candlestick & patterns that jumped out for me. You can find other ones, which will keep you trading in right, especially if you do end of day or end of week trades. Understanding both candlesticks and patterns is an effort which every trader should do to understand price action of charts. Good Luck!!!
If you are doing End Of Day Trading on Pairs, using candlesticks & patterns will keep you trading in right direction. You will need to do some pre-homework, so that you can catch the next 1 day candlestick & profit.
On daily time frame of GBPUSD, I have noted some candlestick & patterns that jumped out for me. You can find other ones, which will keep you trading in right, especially if you do end of day or end of week trades. Understanding both candlesticks and patterns is an effort which every trader should do to understand price action of charts. Good Luck!!!
