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Open Order with Candle Ratio Tail and Body: Forex Trading

5 min read

The Two Candle Forex Ratio Tail strategy is a popular way to trade the Forex market. It combines two types of candle patterns, the body candle and the tail candle. By using the ratio tail, traders can identify potential entry and exit points for their trades. This strategy is based on the idea of finding an opportunity to trade that is created when the size of the body candle is significantly larger than the tail candle. The trader will use the body candle as an indicator of the underlying trend and then look for a reversal to take advantage of the change in direction. By employing this strategy, traders can reduce their risk and increase their chances for a successful trade.