Explore the factors that influence the effectiveness of a trading strategy based on the hanging man pattern and what makes this pattern more or less reliable….How effective is it to create trade entries after spotting a Hanging Man pattern?
A good rule of thumb for beginner Forex traders, is to find a broker where your competence level and trading goals, match up well with what the broker can provide. Ensure the broker deals or has actually dealt with customers who have comparable goals to yourself, so that you understand your broker comprehends what you are attempting to attain.
Additional resource on reversal patterns
- The secret of reversal patterns
- Are continuation patterns most useful when looking at Candlesticks?
- NZD/USD Directionless Drift Endures Amid Absence Of Reversal Patterns – DailyFX
- HowTo Trade Chart Patterns – Double Bottom Reversal … – MQL5.com