Power Course Instructor’s Response:
Take a look at the chart below for a visual on this…
One of the keys here will be the longer wicked candles as they signal the potential for a change of direction of the pair. The engulfing candles can help and certainly the Morning Star and Evening Star patterns.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

