In this example, you will see an evening star signal who’s third candlestick engulfs the first and second candlestick in the pattern. This is a high probability signal, although it usually does not make for a very good risk to reward scenario.Trading the Morning Star Candlestick Pattern, I mentioned that I prefer to wait for a pullback on signals that have an engulfing third candle. That’s exactly how I would have played the signal below.
By waiting for a pullback in price to the 50% mark of the large, third candlestick in this pattern, you either
create a more favorable risk to reward scenario, or you avoid the trade altogether.
In our example,we would have stayed out of the trade using this technique.
By waiting for a pullback in price to the 50% mark of the large, third candlestick in this pattern, you either
create a more favorable risk to reward scenario, or you avoid the trade altogether.
In our example,we would have stayed out of the trade using this technique.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.