candlestick body color important
My Trading method consists of only 2 things : My view is
1. Trends ( Uptrend or Downtrend )
Uptrend = it starts with white bar (bear) and ends at black bar (Bull)
Downtrend = it starts with Black bar (Bull) and ends at white bar (Bear)
I only wait for Retracement to take entry , when the price comes back then i take entry.
My question is
1.When the price Retrace, what will be the final point of retraement?
2. Many times the retracement will become trend change, I want to know from where the
3. If the uptrend reverses in the previous trend which bar high is important , Black or white bar?
4. Final question : which bar Low or high important for intersecting trades.