🚨How We Will Earn $100 on $800 Daily.Follow these (Nine Candle Sticks Patterns )🚨
1) Demand Zone Candle Pattern:- The demand zone on the left side of the chart shows the price rallies up to create a base. The price then continues moving upward in the rally-based rally structure. The long candles represent the price rise of security. The price drops, creating a base in the supply zone. 2) Bearish Trend Line Candle Pattern:- Bearish candlestick patterns usually form after an uptrend, and signal a point of resistance. Heavy pessimism about the market price often causes traders to close their long positions, and open a short position to take advantage of the falling price. 3) Bullish Flag Candle Pattern:- A bullish flag pattern indicates that the price of an asset is likely to continue increasing in value for the near term. Traders can profit from the uptrend by investing in that asset or by buying call options that will gain value as the price increases. 4) Bear Flag Candle Pattern:- A bear flag pattern is the inverse of a bull flag pattern. On a candlestick chart, it looks like a downtrend with increasing volume, followed by a short upward consolidation with decreasing volume, until the downtrend resumes. 5) Supply Zone Candle Pattern:- This indicator aims to identify price levels where institutional investors have positioned their buy or sell orders. These buy orders establish "demand zones," while sell orders create "supply zones." Identifying these zones enables us to anticipate potential reversals in price trends, allowing us to profitably engage in these significant market movements alongside major institutions. These zones are formed when price action goes from balanced to imbalanced. These zones are based on orders. Unlike standard support and resistance levels, when price breaks below a demand zone or above a supply zone, these zones disappear from the chart. Supply is formed by a green candle followed by a major red candle that is at least double the size of previous green candle. The zone is then charted from the open of the green candle to the highest point in the candle. Vice versa for a demand zone (red into green). These zones are traded by: Look for a volume spike in a zone A trend/trendline break out of the zone 6) Resistance Level Candle Pattern:- A resistance level, or resistance, is the price point at which more traders sell an asset than buy, causing the value to reverse and a peak to form on a price chart. 7) Support Level Candle Pattern:- The simplest way to use candlesticks is with support and resistance levels. Because support and resistance levels determine areas, where buyers and sellers have set up their defenses, looking at how candlesticks react to them, will help you greatly in predicting where price will head next. 8) Bullish Trend Line Candle Pattern:- Bullish pattern is formed in a downward movement and indicates a change from a bearish trend to a bullish trend; Bearish pattern is formed in an upward movement and indicates a change from a bullish trend to a bearish trend. The pattern consists of only two candles (bars). 9) Morning Star Candle Pattern:- A morning star forms following a downward trend and it indicates the start of an upward climb. It is a sign of a reversal in the previous price trend. Traders watch for the formation of a morning star and then seek confirmation that a reversal is indeed occurring using additional indicators. Guys My Main Goal and My is that When You Learn and Read this Article Carefully You will become a Big Traders I Hope you will Follow my Advice. Please Follow me and Follow my Important News and Follow my profitable signals on Binance square 💓. #BinanceBlockchainWeek #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection #USJoblessClaimsDip
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