Scalping with tops.
The previous article described how to use trend confirmation candles in scalping, but one of the distinctive features of scalping is that when using this strategy you can trade both with the trend and against it.
Entering the market at a reversal will allow you to easily take a few points of profit before the next change in price movement.
One of the most attractive candles indicating a reversal are candlestick tops ; these are candles with practically no body, which indicates a slowdown in the trend and a high probability of a reversal in the short term.
The advantage of using this candle is obvious; its appearance in most cases precedes a trend reversal, but you shouldn’t get carried away with it; take your ten points of profit and close the deal.
The reversal signal is strengthened if several such candles appear in a row at once, at these moments it is best to open a trade against the existing trend.
Since reversal candles on short time frames rarely indicate a change in the existing trend, more often they predict a short-term change in the direction of the trend.
True, sometimes you have to wait quite a long time for the spinning tops to appear, so if you wish, you can use other reversal candles.
This category includes - Hammer, Stars, Absorption. You can find out more about candles in the Japanese candles .