You guys learn how to win continuously & profit continuously!
The above is just an example of the movement within 60 seconds of a single candlestick formation. Even though the candlesticks form the same shape, the market movement could be different. Because the market is highly dynamic and flexible, it cannot be predicted with 100% accuracy.
In candlestick patterns, reversals represent a golden opportunity for traders. In candlestick science, there are numerous reversal patterns, both single and multiple.
Despite its high accuracy, there’s always a chance the pattern won’t work as well, as analysis is merely a prediction. Mastering these candlestick patterns can increase your profit percentage from zero to 20%.
Indicators (20%)
To increase your profit percentage to 40%, you must master the indicators. Here, I’ll explain four very powerful indicators that I use daily in trading. I’ll explain how to set them up and how to use them. Without understanding how to use them, you could experience losses due to false signals, which we must avoid.
Time (20%)
Knowing the best time to trade also affects your profit percentage. Furthermore, the most important thing in understanding timing is the timeframe.
What timeframe generates the most profit? Is there a relationship between timeframes and the golden ratio or Fibonacci? Understanding this will increase your profit potential. If you master candlesticks, indicators, and timeframes, your win rate can reach 60%. How can you achieve a 95% profit rate? The answer is below…