Excellent for … Excellent for beginning traders. Thank you. Advice to new traders, wait for a confirming candle before jumping into the trade, like in the abandon baby example that pattern is not complete without the bear candle closing on the other side. Also while this is a very strong reversal pattern, it may be a change to range bound trading as oppose to a complete reversal. Happy trading
December 9th, 2008 at 4:24 pm
Excellent for …
Excellent for beginning traders. Thank you. Advice to new traders, wait for a confirming candle before jumping into the trade, like in the abandon baby example that pattern is not complete without the bear candle closing on the other side. Also while this is a very strong reversal pattern, it may be a change to range bound trading as oppose to a complete reversal. Happy trading