husamalahmadi

Long or short based in what will market do

FX:AUDCAD   Dollar australien/Dollar canadien
Here are a typical example in how to move based on the market movement.
If the price make engulf long candle then this is good sign that market has high probability to go long and bull will take off the control.
Or if the price break the support and retrace back to and end up with engulf bearish candle, then this is a good sign that bearish are resuming and taking of the control.

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