How to Determine the Trend in the Candlestick

Trend Mystery Indicator 

How to Determine the Trend in the Candlestick and Line Charts



 which timeframe should I use?”



 general guideline:



Day traders are on the 30minutes timeframe and below

Swing traders are on the 1 – 4-hour timeframe

Position traders are on the 4-hour timeframe and above



Trend Indicator # 1 Price Action/Candlestick Chart



Here are 3 things to remember:



An uptrend consists of higher highs and lows

A downtrend consist of lower highs and lows

A range is contained between the highs and lows



Trend Indicator # 2 Line Chart

And here’s how you can interpret line charts:



If the line is pointing higher, it’s an uptrend

If the line is pointing lower, it’s a downtrend

If the line is flat, it’s a range



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Remember when using Trend Mystery Always trade in favor of the trend. For example:



Uptrend Only Buy Signals

Downtrend Only Sell Signals

Range Market: Do not trade



Works on ALL pairs & in timeframes 15M, 30M, 1H, 4H & 1D



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