WHAT IS THE MOST POWEFUL CANDELSTICK REVERSAL PATTERN?

[ForexANDCrypto]

Opinions please on this.

 

[Sam887]

Hope this helps ...But NO pattern has significance unless its in the right spot. You cannot open a buy trade based on Bullish pattern when the price is just below a strong resistance area and then complain about the pattern when the trade goes downside against you...Anyway hope these pics help.

 

[nickbixy]

i would say an morning/evening star or bearish/bullish engulfing on a high timeframe near a strong support or resistance zone.

 

[krisver]

Opinions please on this.

There is no consistent profitable candlestick pattern.
If you are still stuck with this trading belief, You wont be profitable in forex forever.
You will just be wasting time trading trying to make it work.
Instead of getting a good 6 figure income job

I gave you my advice, live your life the best with no regrets

 

[ForexANDCrypto]

There is no consistent profitable candlestick pattern.
If you are still stuck with this trading belief, You wont be profitable in forex forever.
You will just be wasting time trading trying to make it work.
Instead of getting a good 6 figure income job

I gave you my advice, live your life the best with no regrets

Just asking lol

 

[krisver]

Just asking lol

Good. Dont focus your time on these candle sticks.

 

[ForexANDCrypto]

Good. Dont focus your time on these candle sticks.

Not all my time anyway

 

[imi2]

Candlesticks are famous however we also have to learn the price action which can be supportive in analyzing market trends.

 

[ForexANDCrypto]

Candlesticks are famous however we also have to learn the price action which can be supportive in analyzing market trends.

Candlesticks are price action

 

[RachEB]

Hammer or shooting star for me, taken in the context of the chart with correct analysis.

 

[ForexANDCrypto]

Hammer or shooting star for me, taken in the context of the chart with correct analysis.

Can't disagree

 

[Kosmos]

The impact of Engulfing patterns cannot be ignored, though with confirmation of other applications.

 

[ForexANDCrypto]

The impact of Engulfing patterns cannot be ignored, though with confirmation of other applications.

Also a good point. Particularly on higher time frames.