The pin bar is a candlestick pattern that has a long tail up or down and represents the price rejection at support or resistance level in forex trading
The Strat Patterns is a trend trading method that uses the method of aligning the prices on different timeframes and then trading in that direction. Most of the traders will know that Trend is Your Friend. It’s reality. It is straightforward to follow trend trading using strat patterns. The Strat trading method gives traders a ... Read more
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In the Strat patterns, When a 3 outside bar is followed by an inside bar, and then a 2 directional bar breaks inside a candle in the same direction as the previous 3 outside bar candlesticks, then a 3-1-2 continuation pattern forms. It shows that the prior trend will continue. Based on the trend, the ... Read more
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Breakout and confirmation - Rising wedge Pattern
In the strat trading, 2-2 reversal is a combination of 2U and 2D candlestick patterns that represent the change of previous trend. 2U means a bullish directional bar, and 2D means A bearish directional bar. According to the strat strategy, the market is made up of only three major scenarios that we have discussed previously ... Read more
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AB=CD pattern refers to a harmonic chart pattern that contains two impulsive waves of equal length and it is a reversal chart pattern in technical analysis
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