Effective Trading Strategy Using Support and Reversal Candles

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In this post, I share with you one of the simplest and most powerful manual strategies I rely on for quick trades:

Strategy Name: "Support + Reversal Candle"

Method of Operation:

1. Identify a strong support area (price that has bounced off twice or more).

2. Wait for a reversal candle (such as a hammer or bullish engulfing candle) to appear on the 5 or 15-minute timeframe.

3. Enter after the candle closes + confirm with a trading volume higher than the average.

4. Target: from 1% to 2.5% depending on the timeframe.

5. Stop Loss: just below the support area.

Advantages of this method:

No indicators needed

Suitable for beginners

Provides strong signals during momentum times

Have you tried this strategy before? Or do you prefer different tools? Share your method with me!