francmorio Posted August 9, 2017 Share Posted August 9, 2017 Stair Formation This is just another candle stick pattern that can be useful towards your understanding of the forex market. It is not the holiest grail, but it will help improve your understanding of forex. Just the same way a normal stair consist of a set of steps leading from one floor of a building to another, in forex, stair formation consist of a set of three candles leading to the direction of the overall trend. You will notice in this example, I’ve only used bearish stairs for illustrations; this does not however mean, there are no bullish stairs. There are several bullish stairs; this is just a perfect case of stair formation that’s why I choose it. A Bullish Stair formation should look like below Bullish Stair Formation Bearish Stair Formation The Phases To Stair Formation Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 28, 2022 Share Posted May 28, 2022 Also quite useful information. Thank you! Quote Link to comment Share on other sites More sharing options...
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