Community, who has already tried this strategy in practice?

🔥 FIRST CANDLE STRATEGY — how pros read the market in minutes

Most traders lose money because they rush.
Smart traders wait for the first candle — and let the market show its intention.

📌 What is the First Candle Strategy?
It’s a classic price-action approach used after session open / daily open / listing / high-impact moment.
The idea is simple:
👉 the first full candle sets the battlefield.

⸻

🧠 How it works (FACTS only):

• The first candle defines initial volatility and direction
• Its high & low become key levels
• Breakout or rejection of these levels gives the trade bias
• No indicators needed — pure price action

⸻

📊 Two main scenarios:

✅ Breakout play
If price breaks and holds above the high of the first candle → bullish continuation
If price breaks and holds below the low → bearish continuation

✅ Fakeout / Rejection play
If price fails to hold outside the range and returns inside → reversal setup

⸻

🛡 Risk management (this is why it works):

• Clear invalidation (above/below first candle)
• Tight stop-loss
• Defined R:R before entry
• No overtrading — one clear structure

⸻

⚠️ When NOT to use it:
• Low liquidity
• Choppy sideways markets
• No volume confirmation

⸻

💡 Why traders love this strategy:
It’s fast.
It’s clean.
It’s objective.
And it forces discipline.

Sometimes one candle is enough to tell the whole story.

⸻

What do YOU do after the first candle closes? 👀
Let’s discuss 👇 and check this $FOLKS $AXL $NIGHT

#priceaction #TradingStrategy #CryptoTrading #FuturesTrading #TechnicalAnalysis
{future}(FOLKSUSDT)

{future}(AXLUSDT)

{future}(NIGHTUSDT)