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And finnally - this is the chart of Dollar Index for the price movement during and immediate after this news event:
United States Nonfarm Payrolls
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$USDT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Here's a quick overview of the Engulfing Candlestick Patterns: Bullish Engulfing: When a small red candle is followed by a larger green candle , it may mean the price is going to rise . We look for the next candle to close higher to confirm the trend is going up. Bearish Engulfing: When a small green candle is followed by a larger red candle , it could mean the price is going to drop . If the next candle closes lower , that confirms the downtrend. Keep these patterns in mind when you're making trade decisions!$BTC #uptocber
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Hey fam! This is the quick guide to bullish candlestick patterns: 1. Bullish Engulfing: Buyers take control. 2. Hammer: Strong rebound after a dip. 3. Morning Star: Trend reversal coming. 4. Piercing Pattern: Buyers stepping in. 5. Marubozu: Clear buying strength. 6. Three White Soldiers: Strong upward trend. 7. Bullish Harami: Buyers slowing the fall. 8. Inverted Hammer: Reversal potential after a drop. 9. Tweezer Bottom: Sellers losing steam. Watch for these to spot market uptrends! ๐#LearnTogether #WeAreAllSatoshi $BTC
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๐จโ๐Quick lesson ๐๐จโ๐ The below chart shows an Inverse Head & Shoulders pattern. Itโs a clue that the market might go up after being down. - Left Shoulder, Head, Right Shoulder: Three dips, with the middle one (the head) being the lowest. - Neckline: A resistance line where the price struggles to go higher. - Breakout: When the price finally breaks through that neckline, itโs a signal the market might start rising. This pattern means: the downtrend might be ending, and itโs time to watch for upward moves.#learningbyearning $BTC
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Morning Star Power!$HMSTR #learnaandearn This pattern shows when the market is ready to switch from falling to rising! 1๏ธโฃ Big red candle: Sellers in control, market tired. 2๏ธโฃ Small candle: Pause! Buyers waking up. โ๏ธ 3๏ธโฃ Big green candle: Buyers take over, and power is back on! Tip: Wait until the price goes above the first red candle to confirm the change. This is the bullsโ signal to charge!
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#learnaandearn $HMSTR Itโs time to learn
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