Hi friends ,
today i'll share with you the most famous
candlestick pattern everyone should know.
the hammer and inverted hammer appear in the downtrend , It indicates the possibility of a price reversal from bottom to top .
hanging man and shooting star appear in the uptrend , It indicates the possibility of a price drop
Note: The color of the candle is not important
Identifying and confirming Trade entry, Stop loss and Target using the Inverted H&S Pattern
Use the link to the related idea below, the basic strategy used is the same as described in the H&S tutorial.
On the graph you can see how one figure goes into another and all goals are fully fulfilled.
The figure of the technical analysis "Inverted Dragon " all the description, lines, goals on the graph are yellow.
The figure of the technical analysis " Dragon " all the description, lines, goals on the chart are blue.
In trading such figures, the most important thing...