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DislikedD1 price action analysis What i write here is not just for D1 and not just for E/U price. If you understand this, you will be able, or are already able to use this on any price and any timeframe. For a beginner, all charts and all pairs look the same. Thats not really true. The candles of E/U D1 is much more uniform then on M1. Meaning the relative size of the candles on D1 do not vary as much as on M1. This and things like it is very important to trading profitably. So, lets go back to the first D1 picture: {image} Study this picture for a while....Ignored
Disliked{quote} hello! nice thread i enjoyed reading it and will read it few more times possibly. i have two questions for the bolded section in quote area... when you say that the same principle can be apply to candle number 3, did you mean candle number 2, because number three is not bullish and it does not develop in bullish candle? thanksIgnored