Disliked{quote} Hi Ata, i know it is very difficult to get your MOFU candles. i just try myself to get my own mofu candles (i think my mofu is different from yours, of course) ... and lets say i have some mofu candles at some different time frames (from small to big one), how do we know that it will touch the extreme one (lowest value / highest value) , and when we can know that it will ignore the extreme value (i mean: it will bounce back after it touches the 2nd lowest/highest value, and never touch the extreme one , at least for some months to 1 year)...Ignored
My first advice is: Stick to one timeframe! First study the candle behavior on your most traded timeframe (for me it is the H1) and get fully used to it.. Later, very very later when you really master the MOFU candle behavior on that timeframe maybe... you can maybe benefit from an additional MOFU candle on one higher timeframe.. but again: this kind of artistry comes from not trusting the basic MOFU theory in the first place.. in other words if you don't have the skill set to trust that a MOFU candle sooner or later might drag price to the area of its opening price then you will miss many opportunities while hesitating.. Focus on one timeframe.. one chart.. Good luck!
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