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Candlestick Pattern Forex Pivot Points Strategy
This system is hybrid. It uses price action with ergodic indicator. This works on a 1 hour timeframe and is applicable to any currency pairs.
Forex Indicators:
- Candlestick Patterns,
- Pivot,
- BH Ergodic .
BUY ENTRY:
- Candlestick patterns above pivot levels with up arrow.
- BH Ergodic signal line crosses upward.
SELL ENTRY:
- Candlestick patterns below pivot leves with down arrow.
- BH Ergodic signal line crosses downward.
Take profit on the next pivot levels or 4 pips before the level.
Place stop loss 20 -25 pips.
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