The best strategy in trading is to buy low and sell high. Sounds easy, but no one can not predict the exact trend reversal point, so today we will talk about reversal candlestick patterns in Forex. These candles show possible lows and highs; candlesticks that form at the bottom are bullish, and those at the top are known as bearish. You already know how to read candlestick charts, so these patterns can bring you a good income if you can read them correctly.
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It’s time for a final article in a series of useful tips for improving your day trading results. Last time, we examined several aspects of competent risk management, how to behave during major news releases and much more.
Today we will talk about price action trading. Did you know this strategy is one of the most popular used in Forex and other financial markets, such as stock market, crypto, and commodities? Moreover, it is obvious even for beginners who just started their trading career. You can meet various trading action patterns, but there's nothing complicated in it, as every indicator is derived from price, so it makes sense to learn this strategy and understand the market. Keep reading if you are interested, as we also cover the main steps for price action trading.
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