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3 Candlesticks Strategy

ForexSRB | Published on the tue Jun 13, 2017 6:56 pm | 3664 Views

Strategy “3 candlesticks High-Low”

Recommended timeframes M5

Instruments: EUR/USD, AUD/USD and GBP/USD

Timeframe:  M5

Conditions for entering the market:

There should be three in a row either “bullish” or “bearish” candlesticks on the chart.

Stop loss:

Either High or Low level of the second candlestick

Take profit:

6 points for the pair EUR/USD;, 8 points for the pair AUD/USD; 10 points for the pair GBP/USD.

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