Candle Pattern forex robot trading indicators
This is the most aggressive investment signal and is not very common as it indicates a significant turnaround. It can be seen in day passes and even more rarely in weekly or monthly passes. There is a bullish and bearish kicker model.
A bullish kicker pattern is produced after a downtrend. It is a motif of two beams, where stands a long candle, followed by a long candle. The candle opens at the height of the previous candle or down. The rising candle closes near the height of the day.
Enter the long positions near the end of the second or near the next open. Set a stop loss below the current minimum. There is no profit target candlestick pattern indicator because the model indicates a significant trend change. Therefore, the performance goal depends on the merchant’s time period. It is also a signal to exit short positions.
A bearish kick occurs after an uptrend. It is a model of two bars, where a long candle stands, followed by a longer candle. The sail opens at the height of the previous candle or below. The candle below closes near the lowest point of the day.
near the end of the second candle or near the next. Set a stop loss below the current minimum. Ideally, the exchange should be in the direction of the long-term trend during a setback.
Dark cloud cover occurs during an upward or downward forex indicators movement in a longer-term downtrend. It is a model of two candles, the first being a strong candle. The second candle opens higher, but closes below the center of the previous candle. The strong reversal shows that the sellers have reintegrated the stock.