What is the most powerful Candlestick Reversal Pattern?
- Thread starter BitcoinKong11
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Perhaps, because it represents price action that signals inability (or difficulty) for a trend continuation. And what do you think about it?
As for me, it is better to rely on candle patterns consisting of more than 3 candles, something between candle pattern and chart pattern. Some types of such reversals, occured near the important price levels, could be a first sign of reversal
I don't think ,it , makes any difference, if traders can't make any profit from it.Who is going to sit infront of a screen for 1 month to get a pin bar trade , which could fail as in this case.
No pattern/signal is 100% accurate - Forex trading is based on probabilities, not sure-fire methods.
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