๐ Where to Use Candlestick Patterns?$AXS
Candlesticks work best when you use them at the right place ๐
๐น Bottom of the Channel
โก๏ธ Hammer / Morning Star = ๐ Buy Opportunity$DUSK
๐น Top of the Channel
โก๏ธ Shooting Star / Evening Star / Bearish Engulfing = ๐ Sell Opportunity$AIA
๐น Retest of Broken Resistance
โก๏ธ Strong candles = โก Scalp Buy
๐น Retest of Broken Support
โก๏ธ Rejection candles = โก Scalp Sell
๐ Remember:
๐ The location of a candlestick pattern decides its strength
โ ๏ธ Always use Stop Loss & Risk Management
๐ก Follow for more Smart Trading Education