Hi all, I encountered this amazing thread a few days ago and I have been practicing spotting the price action on forex in my mt4.
here are some of the PA that I have spotted. can anyone help confirm that this is the right way to look at it or am I just lucky the price went the right way?
Regarding the "Pinocchio" pattern, does the first and third bar have to be at the same level or within a pip of each other?
Also, the colours of the bars are irrelevant right?
thanks.
here are some of the PA that I have spotted. can anyone help confirm that this is the right way to look at it or am I just lucky the price went the right way?
Regarding the "Pinocchio" pattern, does the first and third bar have to be at the same level or within a pip of each other?
Also, the colours of the bars are irrelevant right?
thanks.