TODAY Learn Failed Candlesticks Patterns
Not all candlestick patterns work well. Their huge popularity has lowered reliability, but we can profit from failures.
Candlesticks “speak to us” about how other traders have acted, and what their current beliefs and expectations are in that time frame.
Bullish setups which include the shock of a Red Bar Ignored (RBI) (or Green Bar Ignored (GBI) for bearish setups) are more powerful.
Learn how an arrangement of candlesticks forms recognizable patterns that speak to us about the direction of prices.
Learning to read the “messages” of these candles will help you pick quality patterns and manage positions objectively to maximize gains.
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