Dominate Markets with Long Legged Candles | Price Action Trading Strategy | Dhan

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📌 This video talks about an interesting strategy to trade markets-Long Legged Pattern Strategy. This pattern indicates significant price volatility and uncertainty in the market, as it suggests that both buyers and sellers were active during the trading session, but neither group was able to maintain control, resulting in little net price movement.
Traders often interpret long-legged candles as signals to exercise caution and closely monitor price action, as they can precede significant price movements or reversals. Additionally, long-legged candles can be used in conjunction with other technical indicators or chart patterns to confirm potential trading signals and identify areas of support and resistance.
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[@DhanHQ]

Thank you, keep supporting

[@gopalakrishnakedlaya7790]

Please make a video on CPR and Pivot points with trading techniques

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Hello dhan today in bank nifty position my sl was 618.40 but why it triggered at 616??there is enough liquidity in Banknifty weekly options

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[@DhanHQ]

Okay.

[@SAIKATMOULIK-i2q]

Sir bohot badhiya shikhaye aap iss type ke videos aur chahiye candle stick wali taki hum aapse aur shikh sake aachhe rahiye khush rahiye.God bless you.

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[@DhanHQ]

Feedback noted.

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Very informative