CHFJPY Educational candlestick chartingthis pair is being traded just with candlestick charting techniques book from "Steve Nison"
🌟another fun and educational 139 pip from forex
🌟in this method you have to zoom on the last lowest value candle you will face a hammer which signals an end of a bearish cycle
🌟the following candle after that lowest value one is counted as a cross candle which indicates the power of the bears is weakened a lot and the bullish bias is on the front seat
🌟the combination of the last 2 sentences are called "Harami Cross" pattern and with this pattern (which is powerful enough to signal us for entering position specially in short term situations) we are going to have an open contract
Risk warning, disclaimer: all of the following signals/ideas are subjective and based on market judgement of our team's technical and fundamental analysis, we hope traders consider this and always check it with your own strategy, if you don't have any we can help you form one
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