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what's time frame should be use
what's time frame should be use
DOCTOR_SIGNaLs
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🚨Follow These 14 Candle chartsšŸ“ˆ Patterns. You will Never face loss in Trading 🚨Read below šŸ‘‡.
1) Pennant Candle Chart:-
A Pennant Pattern is a chart pattern that occurs after a big price move. It indicates a short break or pause in the market before the price resumes moving in the same direction as earlier. Pennant patterns indicate that, with this pause, the price will probably resume its original trend. Check āœ… this candle chart below šŸ‘‡
2) Bear Flag Candle chart:-
A Bear Flag Pattern is a continuation pattern that looks like a flag on a pole turned upside down. It shows that a downtrend is continuing, with a short pause where the price moves up slightly, creating the shape of a flag.Check āœ… this candle chart below šŸ‘‡
3) Megaphone Candle Chart:-
The megaphone pattern is characterised by higher highs and lower lows, creating a shape that resembles a megaphone. This pattern typically occurs in volatile markets where price swings widen over time, indicating indecision and heightened activity among traders.Check āœ… this candle chart below šŸ‘‡
4) Bull Flag Candle Chart:-
A Bullish or Bull Flag pattern is like a brief pause in the rising price of the stock. Imagine the price is on a roll, then it takes a short breather, moving sideways in a little rectangle. This pattern is an invitation for investors to enter into a stock that is poised to resume its upward journey.Check āœ… this candle chart below šŸ‘‡
5) Channel Candle Chart:-
A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. Scheme of a single candlestick chart. A candlestick as this one is usually shaded red as the close is lower than the open.Check āœ… this candle chart below šŸ‘‡
6) Symmetrical Triangle Candle Chart:-
The symmetrical triangle pattern is a chart formed in technical analysis. It's characterized by converging trend lines connecting a series of sequentially lower peaks and higher troughs, indicating a period of consolidation and equilibrium between buyers and sellers.Check āœ… this candle chart below šŸ‘‡
7) Descending Triangle Candle Chart:-
The diamond is a reversal pattern, meaning it can signal a potential trend change in the market. It typically occurs after an extended trend and indicates a period of consolidation before a potential breakout in the opposite direction.Check āœ… this candle chart below šŸ‘‡
8) Ascending Triangle Candle Chart:-
The ascending triangle is a bullish candlestick chart pattern that occurs in a mid-trend and signals a likely continuation of the overall trend. It's one of the most common chart patterns as it's quite easy to form - consisting of two simple trend lines.Check āœ… this candle chart below šŸ‘‡
9) Diamond Candle Chart:-
The diamond is a reversal pattern, meaning it can signal a potential trend change in the market. It typically occurs after an extended trend and indicates a period of consolidation before a potential breakout in the opposite direction.Check āœ… this candle chart below šŸ‘‡
10) Double Top Candle Chart:-
The double-top pattern is interpreted by traders and analysts as a bearish indicator. It implies that the upward trend has slowed down and that a price decrease is more likely. The break of the neckline, a horizontal line formed between the lows of the troughs, is frequently used by traders to confirm the pattern.Check āœ… this candle chart below šŸ‘‡
11) Livermore Cylinder Candle Chart:-
A Livermore Cylinder in a candlestick chart is not a widely recognized technical analysis term, but it appears to be inspired by Jesse Livermore, a legendary trader known for his price action strategies.Check āœ… this candle chart below šŸ‘‡
12) Double Bottom Candle Chart:-
The double bottom pattern is a reversal pattern that signifies a potential shift from a downtrend to an uptrend. It is characterised by two distinct troughs (bottoms) on a price chart. The pattern is typically observed after a sustained downtrend and indicates that the security may be due for an upward reversal.Check āœ… this candle chart below šŸ‘‡
13) Head and Shoulders Candle Chart:-
A head and shoulders pattern is used in technical analysis. It is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest.Check āœ… this candle chart below šŸ‘‡
14) Cup and Handle Candle Chart:-
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. The pattern was first described by William J.Check āœ… this candle chart below šŸ‘‡
Guys my Main Goal is that when you learn this candles Chart šŸ“‰ you will never face loss in Crypto.
Please Follow me and Follow my Important News and Follow my profitable signals on Binance square ā¤ļøšŸ’“.
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