13
Inside a Candle:
When I was new in trading and started
to use candlestick charts, I use to think prices moved like in sequence A to form a candle as illustrated above.
However, reality is not that straight forward. Do not assume anything and investigate it yourself to find out how it happens. If you want to see how any one candle is build,
what it's price
structure, just go down to lower time frames. This could be a useful eye opener for new traders or traders new to candlestick charts.
I cannot remember the
name of it at present, but there is an indicator
that enables you to display, say H1 candles on M5 chart and so on. I had a good fun with this indi while I
was trying to understand price structures..
Next, I will delve into "Reversal Candle Patterns"
Dostları ilə paylaş: