Another Example of Mature trend Relationship with Candlesticks

We have a live trade going on which I would like to see how demand area behaves when trend is mature enough and look to reverse.

Role of strong Momentum Candles

or Elongated Candles

When we looking for a trend to reverse We Use following points as checklist :-

A. Liquidation ( How price has behave when sell-off taken place)

B. Recovery (Whether the attempt to recover was successful)

C. Momentum Candles (How price behave at strong momentum or initiative Breaks)

D. Candlesticks Traps (When price reverse, Does a candlesticks pattern entry was offered)

Above mentioned checklist, Is must have when we prepare any "Forex Trading Strategies",because these are strong points which are considered when we look to trade reversals and most important one for me strong liquidation after strong trend and after that attempt to recover and then was there any pullback entry was offered and then try to see the last but the strong that whether price reverse after that pattern amid strong momentum candles .

That is how We trade reversals and I would advice everybody to prepare a Journal or checklist to trade reversal or if you want to trade pullbacks I have shown some good strong points how to trade pullbacks in this blog and Would post again from time to time If situation demands or any requests are made.