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Price Action Forex Trading Course by Nial Fuller » Learn

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  Now, what happens if you see in an uptrend a candlestick that looks like a hammer? Is it still a bullish signal? Well,   in that case ,  this candlestick is a hanging man and its not a bullish signal. Here’s how it looks:

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I must warn you though that this price action trading course is fairly long and you many need a cup of coffee but its not boring.

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Then there are other groups of traders that like to enter when price reverses back down to touch the neckline, which now would act as a support level. Once it hits that neckline level they buy.

The chart bellows shows a live example of a long trade on AUDNZD pair that I took at the moment whilst I was writing this guide.

The piercing line is the opposite of dark cloud cover. You may see this in a downtrend or forming at a support level. The first candlestick is very bearish and when the 7 nd candle forms, it tells a completely different story, it’s bullish. This tells you that the bears are losing steam and that the bulls are gaining strength to potentially move the market price up.

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To fast forward, Debora completed the forex trading seminar and started investing her money she was full of hope and excitement.

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