Forex strategies - Candlestick range breakout
Today we are going to discuss candlestick range breakout trading strategy. It is simple and easy to remember. As we can see the range on usd jpy chart. At this range break, at upwards of 1500+ pips. We can deduct this range when the market moves sideways. You can also use this strategy, frequently in volatile pairs. You can use this strategy in any time frame. If you prefer scalping then choose m15 or m30. Always wait for a breakout. Now let us see test this strategy in the previous history of this pair. See range break and the market go up and here’s range break and market downfall. As you can see we can find this strategy on a daily basis and can do trade very perfectly.