if candlestick color change white to black then sell entry at close price.


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if candlestick color change white to black then sell entry at close price.

readers message

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Hello sir
I am trying to trade with swing trading, I always wants to follow the Higher high and Higher Low in uptrend and Lower High and Lower low in downtrend, But
when in uptrend if i keep a stoploss at the Higher Low a next candle hits the Stoploss and then it will move up and up , i am very upset from this move.
Please show me how to trade in this chart i am sending with attachment
Thanks

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you have to wait candlestick color change
higher high candlestick is white
Next candlestick is a black
So if you place stop-loss order to higher low then stop out
vice versa
Lower low candlestick is black
if you place stop-loss order to this candlestick high
stop out at next candlestick
because candlestick color changed blac to whit

If higher high candlestick appear
Do not buy immediately
you have to wait color change
if candlestick color change white to black then sell entry at close price.
price lgo down

Vice versa
If candlestick color change black to white then buy entry at close price

 

black black white white candlestick trading strategy