WHAT IS THE MOST POWEFUL CANDELSTICK REVERSAL PATTERN?

Discussion in 'Systems and Methods' started by ForexisLIFE, Dec 17, 2018.

  1. ForexisLIFE

    ForexisLIFE Well-Known Member

    Joined:
    Sep 17, 2018
    Messages:
    48
    Opinions please.
     
  2. TheGMan

    TheGMan Member

    Joined:
    Nov 29, 2015
    Messages:
    7
    To me, it is the Hanging Man & Inverted Hammer you will find them on all pairs & all time frames. It's the "Tell"
     
  3. ForexisLIFE

    ForexisLIFE Well-Known Member

    Joined:
    Sep 17, 2018
    Messages:
    48
    Thanks for the reply.
     
  4. TheGMan

    TheGMan Member

    Joined:
    Nov 29, 2015
    Messages:
    7
    No problem. I have attached a few examples.

    As I mentioned these patterns are good on any pair & any time frame. Also, these patterns are simply double tops & double bottoms M's & W's on their lower time frames & have great R/R with many having very little to zero draw down on your trades.

    HM  IH 1390.png
    2018-12-28_133355 NU mthly.png
     
  5. TheGMan

    TheGMan Member

    Joined:
    Nov 29, 2015
    Messages:
    7
    Another example... 13,550 pip drop off a Hanging Man.

    2019-01-11_202449.png
     
  6. vtrader21

    vtrader21 Member

    Joined:
    Jul 9, 2017
    Messages:
    7
    Wow, where can I learn more about this?
     
  7. TheGMan

    TheGMan Member

    Joined:
    Nov 29, 2015
    Messages:
    7
    Nothing much to learn, just trade them. As I mentioned you'll find them on every pair & every time frame. Take no heat...if it's not going in the intended direction get out with very low DD & always be ready to get back in if they come back into play.

    It's the "Tell"

    G
     
  8. ForexisLIFE

    ForexisLIFE Well-Known Member

    Joined:
    Sep 17, 2018
    Messages:
    48
    Babypips is a great place to start and it is free.
     
  9. johngerwin

    johngerwin New Member

    Joined:
    Jan 23, 2019
    Messages:
    3
    3 pin bar reversal
     

Share This Page