Weekly charts using wicks - MT4/MT5 Resources
Hi
I have a great idea for trading weekly charts on any chart
I prefer all major currency pairs
it's easy
You need to see a lower candlestick that is at least 40 pips long, and then within 2 candles, price crosses halfway through the candlestick,
To buy, it needs to be a down candle with a lower wick, then test the middle candle,
To sell, it needs to be an up candle with a higher wick and then test the middle line
Stop Loss is 50 pips and Take Profit is the next support or resistance level
enjoy
I have a great idea for trading weekly charts on any chart
I prefer all major currency pairs
it's easy
You need to see a lower candlestick that is at least 40 pips long, and then within 2 candles, price crosses halfway through the candlestick,
To buy, it needs to be a down candle with a lower wick, then test the middle candle,
To sell, it needs to be an up candle with a higher wick and then test the middle line
Stop Loss is 50 pips and Take Profit is the next support or resistance level
enjoy
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