What happens if you wait for candlestick confirmation?
We broke through the line! Enter before you miss the move!
Right after you jump on, it slips back to the original position, leaving a long wick and moving against you.
The reason for repeatedly experiencing “buying at a high price and selling at a low” is,
because you are taking positions before the candlestick is confirmed.
In fact, simply waiting for the candlestick to be confirmed can prevent about 80% of the “fakes” that large players set up.
This time, we will explain why candlesticks before confirmation are dangerous,
and how waiting for confirmation can change your trading approach.
First, please take a look at the three changes that candlestick confirmation brings.