Pice action element – “Mother candle”                       Hello. Today I want to review one of technical analyses method from price action. Price action do not uses indicators. It is using candles and levels. It is important to learn price action, because you are analyzing price, which is the most important thing in trading. Trading without indicators are simple when you know how to do it .  The major benefits of price action analysis are:                       1.    It is not lagging as indicators do;                      2.    You can adapt to changed market conditions very fast;                      3.    You can trade at any time.                      For trading you will need four things:                        1.    Candlestick patterns;                        2.    Price action;                        3.    Support and resistance lines;                        4.    EUR/USD H4 timeframe                                                           What is a “Mother candle”?                       A mother candle forms when a large candle makes a recent highs and lows that engulfs the foll…
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