Re-uploading a very useful image I found in a document put together by Emmanuel, which shows different candlestick patterns.
There's lots of pullback formations being broken down in this picture, and Emmanuel provides trade scenarios for approaching most of them. I see many of them as PCRF or Double top / Double bottom formations.
I find the "IF that happens then I will do THIS" thinking to be very good for approaching these formations without psychological trouble.
For example:
IF a pinbar forms around S/R or a Monthly/Weekly lows and its pin is at least 3 times longer than its body, THEN I will do this...
IF FO and LO form a double top/double bottom, THEN I will do that...
etc.
Link to Emmanuel's PDF:
http://www.forexfactory.com/attachme...mentid=1339552
GA Pinbar and divergence. But what's next ?
Best regards, Zef