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on the two pin bars in the illustration above are much more pronounced than the rest of the structure. Conclude a deal to buy as soon as the RSI and Stoch indicators are in oversold territory and closed upward candle, which covers the body of the previous candle At least in the middle of the previous or more! Remember: the body of the current candle should cover the body of the previous minimum of 50, or preferably more!
Forex strategy 50 of the previous candle
Always remember that a bullish engulfing pattern at a swing low is bitcoin bot trader a sign of potential strength. The reason for this is that the inside bar is nothing more than consolidation. Because it takes more than an engulfing candle to warrant a position. Stochastic, to help better filter trades. Lets take a look, i hope the video above cleared up any questions you may have had about the pin bar. The main trends direction is determined by EMA(9). Why do I trade it?
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