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Strategies sellers and buyers price action forex
to double bottom chart pattern mentioned previously The Triple Top Chart Pattern Triple tops are the opposite of triple bottoms and they are bearish chart patterns. Swing traders like to wait for the trade to play outhow long it might take depends on price action and market movement really. Once price hits these areas you know it is likely to stall or reverse completely. I hope you have learnt how powerful price action trading can. See chart below: #9: Railway Track Candlestick Patterns The railway track pattern is a 2-candlestick pattern and theres a bearish and bullish railway track candlestick pattern. Well, if there was a 2hr time frame in metrader4, you could have switched to it and seen a very bullish hammer and you could have taken the trade but because you did not understand the concept of blending candlesticks you missed a very good. This tells you that the bears are losing steam and that the bulls are gaining strength to potentially move the market price. Forex Mastermind If you want a more in-depth guide to my Forex trading strategy you can check out Forex Mastermind.
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This line chart below is based on the same price information as the bar and candlestick chart shown above. Advanced Forex Trading Strategies I dont know why I have to put up an Advanced forex trading strategies category but I have so theres nothing I can do about it now. Well, then we get the makings of a high probability reversal setup. All that is reflected in any candlestick you see. Those green and red thingies are called bars. So, what about indicators? If bulls were strong then price would not be trending down.
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