At just 2% risked you would have made a staggering 24% profit. The breakout to this pattern occurs when the market eventually breaks to one side or the other. While a wedge is typically a continuation pattern, I tend to trade it based on whichever way the market breaks. In…

Continue reading…

In the first example, a bullish dragonfly doji candle on a daily timeframe showed a temporary price retracement then price continued to go down. Moreover, You should pay attention when and where this candle forms and if it’s near the support zone in a chart. This support zone could be…

Continue reading…