hi anant,
could you please explain what does Red candle, Long Green candle & Green
candle signify?
thanks in advance
If a Buy trigger appears on a Red candle, watch carefully the next candle, especially if the preceding couple of candles are also red. Chances are that the trigger fails.
If a trigger appears on Green candle and next candle also is Green and fulfils the confirmation condition, enter the trade.
If the Green candle is unusually long, there would be a retracement, so watch for retracement and enter after upward move starts.
See
Chapter-II for follow-up explanations on following days about previous day's triggers.
I have started posting the follow-up from today.
-Anant