Candlestick Pattern Forex Pivot Points Strategy

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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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