Tag: Hammer candlestick pattern

Trend Reversal Patterns Forex Trading

Spotting a trend reversal is the dream of every trader. It gives an early entry and offers a competitive advantage against conservative traders. As for reversal patterns, Forex traders have a plethora to choose from. Therefore, they focus on the most powerful reversal patterns and use them with a proper money management system. There are […]

Understanding the Hammer Candlestick Family

Part of the Japanese candlestick techniques, the hammer candlestick stands out of the crowd. While a single candle pattern, it sends a strong signal to technical traders. Technical analysis as we know it today wasn’t always like this. In time, it suffered changes. A lot of changes. It appeared first in the Western world. This […]

Bullish Trend Bounce - Live Forex Trading Example

Hello Forex Traders! I have a new trading example for you on the EURUSD chart. I managed to trade a bullish trend bounce on the 15 minute chart and to lock in some guaranteed profit. The fact that I adjusted my Stop Loss order above my entry point saved me from a big danger. Signals […]

Forex candlestick patterns are crucial for the success of your price action technical analysis. Along with chart patterns, traders constantly use candlestick patterns for day trading to open and close different trades. This is because every Forex candle pattern contains a tradable potential. For this reason, I will dedicate this booklet to the best 5 […]

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