When you want to identify high profit candlestick patterns, look for recent reversal and continuation patterns first. Start by reviewing the most recent candles (the last day or so on a daily chart) and work your way back in time. These recent candles are the most relevant and are the best predictors for what is likely to happen next.
Once you have identified a specific recent pattern, look back in the chart history and find similar patterns. Note how the stock or currency responded during those time periods. This will give you a clue as to the potential strength/relevance of the current signal.
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Once you have identified a specific recent pattern, look back in the chart history and find similar patterns. Note how the stock or currency responded during those time periods. This will give you a clue as to the potential strength/relevance of the current signal.
view detail: PipHut CandlePro