If you are trading reversals in any timeframes the two bar candle pattern is a key signal and one that is often the precursor to a reversal. This appears as a bearish or bullish engulfing candle, but when combined with volume gives us a clear indication in a timeframe which is double that of the chart, as one candle can be overlaid on the other. So a key reason for using multiple timeframes and this gives you a clear view of such candle patterns.
Leave a Reply