Hi guys I got this from internet.
3 candles strategy.
Ok the color of the first candle does not matter.
I will only explain sell strategy all you have to do is reverse it for buying.
We have a bullish market. Second candle's high is above the first candles high and second candle's low is above the first candle's low and the second candle closes as a bearish candle. We open a sell when the 3rd candle opens. Our sl is on top of the high of first candle tp is at the close of the 3rd candle. Last filter is optional. First candle's volume is lower than the second candle's volume.
You can understand all about 1st 2nd and 3rd candle from my post.
3 candles strategy.
Ok the color of the first candle does not matter.
I will only explain sell strategy all you have to do is reverse it for buying.
We have a bullish market. Second candle's high is above the first candles high and second candle's low is above the first candle's low and the second candle closes as a bearish candle. We open a sell when the 3rd candle opens. Our sl is on top of the high of first candle tp is at the close of the 3rd candle. Last filter is optional. First candle's volume is lower than the second candle's volume.
You can understand all about 1st 2nd and 3rd candle from my post.