Beginners Guide To Forex Candlestick Analysis: A Practical Guide To Candlestick Patterns And Strategies (The Trading Mastery Academy Series) by George Jide
Author:George, Jide
Language: eng
Format: epub
Published: 2024-08-26T00:00:00+00:00
Trend Confirmation:
Use shorter-term moving averages to corroborate the trend indicated by your candlestick patterns. A bullish engulfing pattern is lovely, but what happens when it rises over a moving average? That is when things get truly intriguing.
Moving average crossovers:
Keep an eye out for candlestick formations that appear around moving average crossings. It's like receiving double confirmation on a probable relocation.
RSI with Candlesticks
Candlesticks and the Relative Strength Index (RSI) complement each other well. Here's how to get the most out of this pairing:
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