Forex Trading :- Truth about candlesticks patterns & how to confirm entry & exit

 Hi Readers, Traders have tried to trade candlesticks patterns without even cnsidering the fact that what should be right way to trade candlesticks patters. For me, it always tell you who is in control don’t guarantee that how long will remain in control.

Like every other mechanical system, candlesticks alone are not reliable. You need to consider the strength of the trend.

Trend is the first way to catch the reaction

First thing to remain in mind while considering the fact we need to look the current trend strength as we should not look for reversals and try and pick bullish or bearish pin bar at the extreme levels. This means when you trade candlesticks chart, you must need to understand the strength comes in while existing trend is in full control. Fakey pattern is my favourite pattern and when it happens at a level within the strength, then it is a high probability trade.