Disliked{quote} Patterns are created by measuring buyers against sellers. There is nothing magical about it. It is not an illusion in our mind, lol. It is no different than measuring the height of everyone in your city, getting the average, and determining who is over/under the average. The measurement of buyers and sellers creates predictable price cycles that are easily traded.Ignored
When you enter a trade using patterns, candle structures or some other price cycles, the change of winning is just slightly higher than 50%.
Lets face it, it could go up, it could go down.
However, when you enter a trade at the edge of the chart (Exhaustion), the chance of winning now averages around 85% going by my data.
Doesn't it make sense to enter a reversal trade when price hits a boundary and then snaps back because of thin Liquidity and hidden gaps. No pattern offer these high win rates in my experience and the good thing is we don't need to care about buying the next trading guru's pattern book.
Trading thin liquidity at the boundary of the charts
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