While the video above only addresses the bearish engulfing candle, the same rules apply for its inverse, the bullish engulfing. For example, a Gravestone Doji appearing at the top of an uptrend can indicate a trend reversal. As a result of that, we get a rapid drop of pips. From the mathematical expectation prospective, the free candle forex candlestick trading is sufficiently effective, if the deals are not made too often and only in reliable configurations. The Hammer candle and the Hanging Man candle have small bodies, small upper wick and long lower wick.
Peculiarities of the candlestick pattern analysis
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