FX:AUDJPY   Australian Dollar / Japanese Yen
Double confirmation can be used on multiple timeframes and is a very powerful rule to add to your trading. instead of buying at an impulse move created by limit orders you are simply going to wait for price to come back and wait for a bullish candlestick formation, that can be a significant pin bar or bullish engulfing candle. this rule requires some patience but is very profitable and you will lose less trades too, i hope this post helps to to becoming more profitable!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.