RealFXBeast

Candlestick formation context

FX:EURJPY   Euro / Japanese Yen
In using trading concepts like Candlestick formations it is very important to look at the context and not just blindly go short or long as these get printed on the chart. In this example, I am looking at a weekly candlestick formation spinning top on EUR JPY. Spinning tops or bottoms are labeled as indecision patterns or reversal patterns. In this video I am going through the importance of context when looking at candlestick formations.
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