Identify the first candle.
In order to find the 3rd candle, we need to know where to find the first candle.
Look at the following chart: The green arrow is pointing at the first candle up or down.

first candle

The first candle is located between 2 candles and it is the highest of the 3.

To the right of the first candle is the second candle. The following candle is our 3rd candle. This candle is very significant, so we build our strategy on that candle.

The following chart shows all possible 3rd candles.
As you look at this chart, you should notice more than one 3rd candle. All of them are great trade opportunities.
All of them produce more than 10 pips each.

More examples of the candles


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Albert Glen

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