Hello dear traders, Here are some educational chart patterns that you must know in 2022 and 2023. I hope you find this information educational and informative. We are new here so we ask you to support our views with your likes and comments, Feel free to ask any questions in the comments, and we'll try to answer them all, folks. 6 Reliable Bullish Candlestick...
Hello everyone, in this analysis I want to show you how to use the smart money analysis method, so stay with me. This method is a combination of ict and S&D & rtm The condition for entering the trade is breaking the limits in the higher time frame, such as monthly and weekly, and the second condition is the appearance of a candlestick pattern in the lower time...
Strategy 1. Stochastic cross at 50 level 2. RSI cross at 50 level 3. MACD cross at 0 level 4. Engulfing Candlestick? 5. Level 2 Tape sentiment balance (Optional) Technical Analysis It's a simple technical analysis setup strategy for bullish or bearish trading setup in both bullish and bearish sentiment scenarios. All levels in the indicators are at standard...
Hey traders, In this educational article, we will discuss how to objectively measure the market momentum with candlesticks. Please, note that the concepts that will be covered in this article can be applied on any time frame, however, higher is the time frame, more trustworthy are the candles. Also, remember, that each individual candle is assessed in...
We all have experienced the 'TRAIN' journey and similar to that in the stock market we have the 'TREND' journey. In the 'TRAIN' journey we have stoppages in between our destination called stations and like in the 'TREND' journey we have stoppages called levels. And then, among the levels, the most frustrating one is 'pause' where stock price show opposite...
What is a pattern of engulfing candlesticks? On a price chart, engulfing candlestick patterns consist of two bars.They are used to signal a market turn around.The second candlestick will be much larger than the first, covering or "engulfing" the entire length of the bar before it.
What is the Shooting Star Pattern? 1. A shooting star is a type of candlestick pattern which forms when the price of the security opens, rises significantly, but then closes near the open price. 2. The distance between the highest price of the day and the opening price should be more than twice as large as the shooting star’s body. What does Shooting...
A buying strategy in a downtrend. How to identify buying opportunity in a downtrend? Not my preference to buy in a downtrend, but that does not mean we should avoid it when buying opportunity arises. Recognizing it is a downtrend, we keep our buy position short-term; as we are going against the trend. Discussion: Rules in constructing a downtrend parallel...
Horn patterns are reversal patterns introduced by Bulkowski in his book "Encyclopedia of Chart Patterns". These reversal patterns are not the most commonly used by traders but have very interesting characteristics. In this post, we will cover details about these interesting patterns, such as identification rules and measure rules. 1. Origin Bulkowski...
➡️ Hi Trader's Whats Up Today ? Am Feel Good With New Education Post Will Inform You Many Details About Candles And Price Action .. Let,s Start With " Bullish Candle Stick Patterns " ✅⬆️✅ 1- Hammer 2- Inverted Hammer 3- Dragon Fly Doji 4- Bullish Spinning Top 5- Bullish Kicker 6- Bullish Engulfing 7- Bullish Harami 8- Tweezer Bottom 9- Morning Star 10 -...
hello everyone. we have the more important candlestick patterns here. these patterns are powerful when occur in 2 situation together: 1)on top or bottom of a trend 2)when we are at an important support or resistance level. combination of these patterns with other technical patterns and tools can be very useful and powerful also. hope have good trades.
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...
Hello, good morning, I want to introduce a simple strategy to those who trade in low frame time. For example, I'm on the Dow Jones chart for 5 minutes at a time frame Take a closer look at this backtest You must first find support and resistance levels In the next neighbourhood, be patient until the price hits that level Now wait for the first candle to form...
Some traders try to watch Level 2 data to discern when the large-lot orders come through to get an idea of when the big institutions are accumulating in the Dark Pools, but you really don’t need that. Plus, whether that’s accurate is questionable since Dark Pool transactions are reported way after they were transacted. “Dark Pool buy zones” is a term I coined...
In this video, I explained in detail the two most important candlestick patterns that you will ever need to make money from the financial market consistently.
Technical Analysis demystified: In this video, I defined what technical analysis is. Summarized the history behind candlesticks and many more. This is Technical Analysis defined by me with simplicity. Very simple and easy to understand.
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...
█ DISCLAIMER Are you looking for an answer for Best Quantification of Candlestick Patterns? you are not going to get here. It's just my thoughts about an indicator built on this concept that will be published next month (because I can only post two public indicators per month). Felt to discuss this with the community before head because I am excited to know...