Candles
Price action is a very good way to trade, it produces clean and clear charts, but the clue is in the name... 'Price action' if I made a bot to literally enter every single time a bullish or bearish engulfing appeared Id be broke very fast! this is because these candles by themselves are not as a effective as when used in conjunction with trendlines, moving averages, and supply and demand zones. So remember if using candle analysis be sure to use it with other confirmations to find the best trades... I personally recommend a Volume profile! this is a great tool designed to show orders... Dont you agree that using 'Price' action on areas where price is transacting makes sense? Volume profile measures the orders, and the candles tell you the action. Just a quick and simple post to make you think!
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