Following stocks have been discussed in the video 1. HG Infra 2. NFL 3. SPIC Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade Distribution - Is always found on top from where the price may reverse to downside This video is made only for educational purpose. Do your own study before taking any trades.
This is an example of why candle closes are important when marking out a BOS which changed direction. Like here the low just got swept and went on to make another higher high. There is no real way to know if it is a BOS or a trap so it's best just wait and see if we get a candle close or in this case break the high. You could get a reaction on the lower timeframe...
🔷 Bullish engulfing: A candlestick pattern where a smaller bearish candle is followed by a larger bullish candle, indicating a potential reversal of a downtrend. 🔷 Bearish engulfing: The opposite of a bullish engulfing pattern, where a smaller bullish candle is followed by a larger bearish candle, suggesting a potential reversal of an uptrend. 🔷Tweezer tops:...
📍Candlestick patterns are powerful tools used in technical analysis to analyze and predict price movements in financial markets, particularly in trading. They provide valuable insights into market sentiment and help traders make informed decisions. The open, close, and various components of a candlestick, such as the body and shadows, are crucial in determining...
Hey traders, In this educational article, we will discuss powerful reversal candlestick patterns that every trader must know. Bullish Engulfing Candle Bullish engulfing candle is one of my favorite ones. It usually indicates the initiation of a bullish movement after a strong bearish wave. The main element of this pattern is a relatively big body. Being...
📍Bullish and bearish candlestick patterns are technical analysis tools used by traders to identify potential market trends and reversals. Bullish patterns indicate a potential rise in the price of an asset, while bearish patterns indicate a potential decline in price. 🔷 Bullish candlestick patterns include the dragonfly doji, hammer, tweezer bottom, morning star...
🔸The concept of the Master Candle is well known in trading. There are different ways of looking at this trading strategy, but in its simplest form, a Master Candle is a candle which contains the highs and lows of at least the next four candles after it. 🔸Can be applied to forex, gold , oil , crypto, stocks and indices. 🔸simple rules to enter the trade based on...
Candlestick patterns are a charting technique used by traders to analyze the price movement of financial instruments. They originated in Japan in the 18th century and were used to track the price of rice. The technique was later adapted for trading other assets like stocks, currencies, commodities, and cryptocurrency. Candlestick patterns are an important tool...
< Let's just watch it for three minutes! Zhuge Gongmyeong's Knowledge Sharing > Step 5. Types of bearish candles Let's talk about the types of bullish candles yesterday and the types of bearish candles today. Likewise, let's classify the types based on the shape. First, the hanging candle. It's a candle that went down to a low price and then went up a...
< Let's just watch it for three minutes! Gongmyeong's Knowledge Sharing > Step 4. Types of bullish candles We've looked at the composition of the candles in the previous sections. Today, we're going to classify the types of bullish candles based on their shapes. First, it's a hammer-type candle. It's a candle that went down to low prices and then went...
< Let's just watch it for three minutes! Zhuge Gongmyeong's Knowledge Sharing > We learned the basic theory about the composition of candles yesterday, and today we're going to summarize the names of the candles while looking at the actual candles. You can think of it as a review of yesterday's content! First, let's look at the left candle. The left candle...
Candlestick charts are commonly used in trading to analyze market trends and make trading decisions. Candlesticks can be categorized as bullish or bearish, depending on whether the price has increased or decreased over a given period. It is important to note that while candlestick patterns can be useful in predicting market movements, they should not be used in...
Hello everybody! Today I want to discuss with you the movement hidden in the candle. This struggle inside the candle can tell us a lot about the future movement. Let's go! Fighting Inside each candle there is a serious struggle between buyers and sellers. Unfortunately, most traders not only do not notice, but also do not think about this struggle, and...
The default parameters in Master/Last Candle (MLC) indicator are used for the standard timeframe 1D. Due to the difference in nature between bars of intraday timeframes and bars of day-and-above timeframes, some settings could be changed as below to make the indicator tailored to your case. • Increase default Max Volume Drop % from 25 to 30. We have seen a case...
This is a complex view of market structure not many people speak on.
How to Read Candlestick charts? Candlestick charts were originated in Japan over 100 years before the West had developed the bar charts and point-and-figure charts. In the 1700s, a Japanese man known as Homma discovered that as there was a link between price and the supply and demand of rice, the markets also were strongly influenced by the emotions of traders. A...
Hey traders, If you follow me for quite a while you probably noticed that I apply a candlestick chart for the market analysis. In this post, we will discuss how to read an individual candlestick and we will outline its important elements. 🔰The candlestick reflects the price movement for a selected period of time. An hourly candle will show you a price...
Hello everyone 😃 In this article we present Most useful bullish reversal patterns of candlesticks and How to trade with them. ( Sorry for my irregular chart 🤦♂️ I'm not good in drawing 😁 ) 📊 What is Candlestick charts ? Candlestick charts are a type of financial chart for tracking the movement of securities. They have their origins in the centuries-old...