Most Simple Way to find out Reversal Without Any Indicator
So you've tried catching the bottom?
Trust me it's not worth catching em,
But what you can actually do is find an entry that is favorable to ur trade,
Here''s how best of best traders have been doing it since the early days.
Using candlestick patterns.
this one rule allows you & many other traders to find out the right entries,
1. DOJI Candles
if the candle with a long wick (as shown in the figure)
close above or below the close of the previous candle,
This is a good entry point to take an entry/position In the market.
P.s - This is not always true, but if you are counter-trading this is your best bet against the trend.
If you counter trade at the top or bottom after the closing of DOJI ,
you can have higher chances of winning & better reward for taking the risk.
What are your views on using DOJIS for trade confirmation?
Would love to know more about your Ideas,
Share your Ideas in comments below.
Trust me it's not worth catching em,
But what you can actually do is find an entry that is favorable to ur trade,
Here''s how best of best traders have been doing it since the early days.
Using candlestick patterns.
this one rule allows you & many other traders to find out the right entries,
1. DOJI Candles
if the candle with a long wick (as shown in the figure)
close above or below the close of the previous candle,
This is a good entry point to take an entry/position In the market.
P.s - This is not always true, but if you are counter-trading this is your best bet against the trend.
If you counter trade at the top or bottom after the closing of DOJI ,
you can have higher chances of winning & better reward for taking the risk.
What are your views on using DOJIS for trade confirmation?
Would love to know more about your Ideas,
Share your Ideas in comments below.