In summary, your strategy assumes that after the second candle, for example bullish, the third follows the same trend. The rest is to confirm the entry for example with a pullback with a needle on the Fibonacci on the second candle, or between the first and second candle, confirm it and close everything at the close of the third candle or even higher.
But it happens that since the market is more lateral than trendy, after the second candle the market reverses and takes the SL or even worse with a sudden movement of high volatility.
I believe that we need to be ready for a reversal and enter a reverse trend. If the second candle is a pin candle, it can be dangerous to trade.
The strategy is good, but it needs to be perfected.
But it happens that since the market is more lateral than trendy, after the second candle the market reverses and takes the SL or even worse with a sudden movement of high volatility.
I believe that we need to be ready for a reversal and enter a reverse trend. If the second candle is a pin candle, it can be dangerous to trade.
The strategy is good, but it needs to be perfected.
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