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Heikin Ashi 260 PIPS whole profit method Heikin Ashi is characterized by the fact that the color continuously appears. This is the australia yen. I changed it to the daily chart. In this chart, Heikin Ashi’s bear is red. This is red. And Heikin Ashi’s bull is white. The colors appear in this sequence due…
Double top and bottom pullbacks candlesticks The double top pullbacks candlestick pattern is formed when the market prices rise, but upon reaching the previous resistance levels, the market prices are unable to go past through (there is no breakout); this occurs twice hence the name double. On the other hand a double bottom pullback pattern…
CFD West TX Oil Candlestick Harami price action trading CFD West TX Oil candlestick When you see this harami candlestick pattern this indicate the momentum preceding it has stopped. On the first day you can see a wide range candle that closes near the bottom of the range. The sell position traders are still in…
Candlesticks often up when they make new highs. For example, the candlestick here is higher than the previous candle’s high. Prices then up. Likewise, the candle here is higher than the previous candle. Prices then up. Likewise here it closes higher than the previous candle. then Price up. There are several other places where the…