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Is there any way to predict the direction (up or down) of the next candle based on the previous candle or the previous candles.
readers question ——————— Dear Long Hang Seng,Thank you very much for all of your efforts and for the videos that you are positing on your YouTube channel. I had learned a lot from your tips and tricks. I would highly apprecitae if you kindly answer my question:Is there any way to predict the direction (up or…
Regarding multiple pattern
Questions From Readers ——————— Thanks alot… But what does “a.b.c.d pattern” mean? if any pattern occurs we should see , from the left , whether the pattern is inside or outside of previous pattern. for example, if double block appears, we should check whether it is inside of another double block or color continuation. Then…
Harami + same color continuation
readers message ——————— Hello Long, How are you ? I would like to have your advice about a simple but maybe effective candlestick strategy, which seems to be used often by traders : wait for a mother candle and a baby candle (harami) wait for a close outside the mother candle entry at the close…
Pattern break candlestick trading
Pattern break candlestick trading Most traders use patterns in the market to trade. And contrary to the trend trading where traders mainly trade in the direction of the trend, in pattern trading, traders prefer pattern break candlestick trading. A pattern break occurs when the market price movements goes contrary to the previous market price movement…
EURGBP candlestick sell force + lost direction
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