This daily pattern can change your view on price!

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Dear Community,
How many patterns do you know?
<5?
<20?
>20?
How many of them actually work with GREAT accuracy?

Patterns are something that we often use in trying to predict the markets….BUT I dear to say pattern alone won’t work?

THE PATTERN NEED A FRAMEWORK!

let’s discuss this “pattern” highlighted on your screen.


Why is the candle after that “doji “ higher?

Often you try to “call tops” in the market place.
And after seeing this “doji”…. WE SELL RIGHT?

if the maker is going up why do we try and call a top?
Why do we try and not “follow the trend?”

On your daily chart examine this.

IF THE MARKET IF BULLISH AND I SEE A DOJI!

Study the candle that formed just after. YOU WILL BE AMAZED BY THE FINDINGS 😃.

No I will not share the stats. If an “homework” for your own development. Let’s discuss this further in the comments below.

Penafian

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