Comment on Single Candlestick patterns (Part 1)

naveen commented on 08 Sep 2017, 04:11 PM

Last line of ACC chart (Sec 5.3) says, “both risk takers and risk averse would have been profitable in their trades.” How ? I couldn’t figure out.
Risk Taker will buy at 1028. Ok he can sell next day and book profit.
Risk averse will buy at the end of the next day of Marubujo. And when he try to sell the next day, i.e. second day to Marubujo, the candle stick is all red.
Kindly explain.

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