The most beautiful thing of trading?? ...you never finish to learning ....
Thank you for your support and trade with care!
Let's start with the second question: What is the first target?
The first target is the projection of the body of the second candle, starting from the closing of the candle itself. It may seem a small movement, but if you use major time frames (weekly or monthly, as we do), the swing becomes interesting.
We often see some traders that publishes theoretical explanations of patterns or models, we want to immediately apply this "theory" to "practice"
Below we have an example in real time that you can follow:
EURUSD on WEEKLY TIME FRAME
We hope to have been useful!
For Brokers: email@example.com