FOREX easy scalping trade chance
based on financial news temporary candlestick strong body is scalping trade chance.
long big candlestick get into the overbought area.
it is a bearish signal and it doesn’t matter the color of the candle.
price go down after a strong move.
If the candlestick of periods is too small it will give many but of low quality signals.
it is one of the simplest and it an be used on any currency pairs.
The recommended time frame is daily. which offers reversal signals.
this news candlestick pattern preferred for scalping strategy.