Buckle up, TradingViewers! It's time to unravel the ancient secrets of candlestick patterns. Originating from an 18th-century Japanese rice trader, these patterns aren't simply red and green elements on your trading charts—they are the Rosetta Stone of market sentiment, offering insights into the highs and lows and the middle ground of buyers and sellers’...
Candlestick patterns are like building blocks in understanding how the stock market behaves and how prices might change. Knowing about these patterns can really help you make smarter decisions when trading.
I. Introduction to 35 Candlestick Patterns
Candlestick patterns are visual representations of price movements within a specific time frame. Each...
Mastering the Art of Trading Doji Candlesticks in Forex 📈🕯️
✅Introduction
=================
In the world of forex trading, the use of candlestick patterns is an essential tool for analyzing and predicting market movements. Among these patterns, the doji candlestick holds a special significance due to its potential to signal market reversals and trend...
In the today's post, I will share my Doji Candle trading strategy.
This strategy combines the elements of multiple time frame analysis, price action and key levels.
Step 1
Analyze key levels on a daily time frame.
Identify vertical and horizontal supports and resistances.
Here are the key structures that I spotted on on AUDUSD.
Step 2
Look for a...
Welcome to the world of candlestick patterns!
💜If you appreciate our charts, give us a quick 💜
Doji candlesticks, with their equal or nearly equal open and close, offer crucial insights into market indecision. Understanding these formations is key to anticipating potential reversals and trade decisions. Let’s delve deeper into their significance and how to...
As traders, if we want to improve our technical analysis knowledge to better develop our price action skills, we owe it to ourselves to grasp candlestick patterns, in this case the Doji candlestick pattern.
This post will go into further detail about this unique candlestick group and will also explain the psychology behind these patterns and how they can affect...
📍What is the Doji Candlestick Pattern?
The Doji Candlestick Pattern refers to a chart pattern consisting of a single candle. This pattern appears when the opening and closing prices of a candle are nearly the same or identical, resulting in a small-bodied candle with upper and lower wicks resembling a "+". Different variations of Doji patterns exist, with unique...
There is a tug of war situation among the central banks to hike interest rates. What is the bad and the good that will come out from this?
i. Last week of October, European Central Bank officials announced another massive 75 basis point hike, increasing interest rates at the fastest pace in the history of the euro currency.
ii. This week, the Federal Reserve is...
#Candlestick #CandlePattern #Tocademy #Tutorial
Hello traders from all over the world, this is HAMZA_ZDH=)
I was unexpectedly surprised by many of you who liked and supported my last post about the basic concept of TA( Technical Analysis ). Today I prepared a brief lecture about the Candlestick Pattern, one of the most fundamental phenomenon and behaviors that...
#Candlestick #CandlePattern #Tocademy #Tutorial
Hello traders from all over the world, this is Tommy =)
I was unexpectedly surprised by many of you who liked and supported my last post about the basic concept of TA(Technical Analysis). Today I prepared a brief lecture about the Candlestick Pattern, one of the most fundamental phenomenon and behaviors that traders...
A Doji is created when the open and close for a price are virtually the same. Doji tend to look like a cross or plus sign and have small or nonexistent bodies. From an auction theory perspective, Doji represent indecision on the side of both buyers and sellers. Everyone is equally matched, so the price goes nowhere; buyers and sellers are in a standoff.
When it...
today i'll share with you the most famous
candlestick pattern everyone should know. part 4
we will start with the Rising Three Methods Pattern .
It is a five candlestick pattern observed during a bullish rally and its indicates that bullishness would further continue in the market .
second , Falling Three Methods Pattern
It is a five candlestick pattern...
Hi friends ,
today i'll share with you the most famous
candlestick pattern everyone should know. part 3
we will start with the morning star .
this pattern appear in the downtrend and It indicates the possibility of a price reversal ( long )
second , the evening star appear in the uptrend and It indicates the possibility of a price reversal ( short )
third ...
Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Today's video will be about the Candlestick Chart : Reversal Patterns.
So lets start by talking about the different types of Patterns :
Bullish Reversal Patterns
...
In this video I explain my favourite candlestick patterns and how to use them in your own trading.
Here we describe:
Engulfing Candles
Doji Candles
Hammer Candles
And I explain how to use them with confluence & context of where on the chart they occur.
The candlestick chart patterns are used by traders to set up their trades, and predicting the future direction of the price movements. There are many candlestick chart patterns. I will be discussing a few of those.
✅ Morning Star is formed after a downtrend indicating a bullish reversal. Generally made of 3 candlesticks, first being a bearish candle, second a...
The Doji is a candlestick where the opening and closing prices are the same (or almost the same). It can take many forms; as shown here; depending of what the trading activity was in that period.
The Doji candlestick indicates that neither sellers or buyers have gained control, and that price has ended where it began. It is a sign of indecision in the...
Here is a good example of the Heikin-Ashi system in action in a forex market
Always watch for the main signals to enter or sell: donchian, stochastic, heikin-ashi doji, CMF
This trade as shown worked well, always make sure that each signal has been ‘ticked’ before entering or selling.
Live trade ideas coming soon!
![BTCUSD: [Candlestick Patterns] Just need to know these three!](https://s3.tradingview.com/w/wwyHXraZ_mid.png "[Candlestick Patterns] Just need to know these three!")
![XBTUSD.P: [Candlestick Patterns] Just need to know these three!](https://s3.tradingview.com/d/dlZ03rTN_mid.png "[Candlestick Patterns] Just need to know these three!")
