SHOULD YOU WAIT FOR A CANDLE TO CLOSE? 🕯️

SHOULD YOU WAIT FOR A CANDLE TO CLOSE? 🕯️

Should you wait for a candle to close? http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Do you need the candle to close before it validates the signal? When you're trading a specific setup or signal, do you need the candle to close before you decide to take the trade or not? OK. How to Trade Candlestick Patterns Should you wait until a candle closes before entering? Those traders arguing that you need the candle to close - if you have a daily candle it could come above resistance and if it doesn't close there it could easily reverse and that becomes almost a reverse signal. I agree with that reasoning. If you're trading a range-bound environment, you're waiting for specific support or resistance to break then yes you need the candle to close for the signal to be valid. But in a trending market environment the current market conditions play an important in waiting for a close or not.