Don't waste money to learn patterns by joining some paid webinar - Read this full thread and start learning now
Example -2
Example -3
Example -4
Example -5
Example -6 . Don't waste time by following some fake call provider. Give time to market and put effort to learn understand market behaviour - then trade with proper risk management
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Timeframe used will be 5 minutes and reference level by using simple Previous Day High/Low , Daily pivot points level from daily chart (if any) , Multi day High/Low (if any)
To understand who is in control buyers or sellers making a split analysis of every 1 hour timespan.
1. Adding Min. 2 to 5 indicators and searching for a crossover in all indicators to take trades. But reality is indicators follow price so understand what buyers/sellers are doing to move the price.
2. Blindly following some moving average crossover without looking at the current price action ( Who is showing strength either buyers or sellers )