BinaryXCommunity
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How to Identify a Trend Reversal?
Three White Soldiers is a powerful candlestick pattern that can be a key to successful trading in financial markets.
đ Candle Formation: Candle Formation: The Three White Soldiers pattern consists of three consecutive bullish candles.
âŽïž Upper Shadow of the Second Candle: It indicates that prices initially fell below the opening but then sharply rose and closed near the high.
đ Opening and Closing of the Second and Third Candles: The second candle closes above the close of the first, and the third candle closes above the open of the second. This signals a shift in sentiment from bearish to bullish.
đĄ Encountering Three White Soldiers after a prolonged downtrend may indicate a possible trend reversal to the upside. This could be a signal for "UP" trading or for closing short positions.
Remember, for trend confirmation and to increase the probability of a successful trade, it's always wise to use additional indicators and confirmations!
#BinaryXCommunity
#binaryoptions
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#BinaryX
Three White Soldiers is a powerful candlestick pattern that can be a key to successful trading in financial markets.
đ Candle Formation: Candle Formation: The Three White Soldiers pattern consists of three consecutive bullish candles.
âŽïž Upper Shadow of the Second Candle: It indicates that prices initially fell below the opening but then sharply rose and closed near the high.
đ Opening and Closing of the Second and Third Candles: The second candle closes above the close of the first, and the third candle closes above the open of the second. This signals a shift in sentiment from bearish to bullish.
đĄ Encountering Three White Soldiers after a prolonged downtrend may indicate a possible trend reversal to the upside. This could be a signal for "UP" trading or for closing short positions.
Remember, for trend confirmation and to increase the probability of a successful trade, it's always wise to use additional indicators and confirmations!
#BinaryXCommunity
#binaryoptions
#binary
#BinaryX
The "Evening Star" in trading: How to identify a trend reversal?
The Evening Star is a powerful candlestick formation in technical analysis that warns of a potential reversal in an uptrend.
đCandlestick formation: The pattern consists of three candles. The 1-st candle is bullish, the 2-nd is a short candle with a small body and an upward shadow, and the 3-rd is bearish.
âŽïž Upper shadow of the 2-nd candle: Indicates that prices initially rose above the opening but then retraced and closed near the opening. This forms a short candle known as the "Star."
đ Opening and closing: The 2-nd candle closes below the 1-st candle's close, and the 3-rd candle closes below the 2-nd candle's opening. This indicates a shift in sentiment from rise to fall.
đĄ When this pattern is detected, it is recommended to refrain from buying "Up" options and wait for confirmation of the situation's development. A full-bodied bearish candle formed after the Evening Star often confirms the trend reversal.
#BinaryXCommunity
#BinaryX
The Evening Star is a powerful candlestick formation in technical analysis that warns of a potential reversal in an uptrend.
đCandlestick formation: The pattern consists of three candles. The 1-st candle is bullish, the 2-nd is a short candle with a small body and an upward shadow, and the 3-rd is bearish.
âŽïž Upper shadow of the 2-nd candle: Indicates that prices initially rose above the opening but then retraced and closed near the opening. This forms a short candle known as the "Star."
đ Opening and closing: The 2-nd candle closes below the 1-st candle's close, and the 3-rd candle closes below the 2-nd candle's opening. This indicates a shift in sentiment from rise to fall.
đĄ When this pattern is detected, it is recommended to refrain from buying "Up" options and wait for confirmation of the situation's development. A full-bodied bearish candle formed after the Evening Star often confirms the trend reversal.
#BinaryXCommunity
#BinaryX
BinaryX ($BNX ) is having a rough day!! đ”
BNX is down over 35% in the last 24 hours,đ€ź trading at around $0.74. That's its lowest point since late April. đ
While we don't know exactly why it's dropping, it's worth noting that BNX had a bit of a suspicious jump a few days ago (almost 20%!), đ€· but the trading volume was pretty low back then too. đ
Even with this drop, BNX is still way up (over 300%) from its all-time low of $0.17 back in August. So, is this a buying opportunity or a sign of things to come? Keep an eye on BNX to see what happens next! DYOR! #BinaryXCommunity #BNX
BNX is down over 35% in the last 24 hours,đ€ź trading at around $0.74. That's its lowest point since late April. đ
While we don't know exactly why it's dropping, it's worth noting that BNX had a bit of a suspicious jump a few days ago (almost 20%!), đ€· but the trading volume was pretty low back then too. đ
Even with this drop, BNX is still way up (over 300%) from its all-time low of $0.17 back in August. So, is this a buying opportunity or a sign of things to come? Keep an eye on BNX to see what happens next! DYOR! #BinaryXCommunity #BNX
đ It's finally Friday! Time to kick back, relax, and enjoy the weekend vibes just like this cool cat. đ
What are your plans for the weekend? Let us know in the comments! đ
#BinaryX #BinaryXCommunity $BNX
What are your plans for the weekend? Let us know in the comments! đ
#BinaryX #BinaryXCommunity $BNX
đ BNX Soars! đ Thank you, BinaryX community, for the incredible support during
@ProjectMatthew_
's IGO launch!
đźđ« Since then, BNX has surged by 53%, now at 0.69 USD. Exciting times ahead as we shape a revolutionary gaming experience.
Thank you for being part of our journey!
đđ
đRead More: https://bit.ly/4cc06y0
$BNX #IGO #BinaryXCommunity
@ProjectMatthew_
's IGO launch!
đźđ« Since then, BNX has surged by 53%, now at 0.69 USD. Exciting times ahead as we shape a revolutionary gaming experience.
Thank you for being part of our journey!
đđ
đRead More: https://bit.ly/4cc06y0
$BNX #IGO #BinaryXCommunity
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#BNX Big news......
News summary
#BinaryXCommunity announces that BNX will soon enter a deflationary phase, supported by the BNB chain. They propose to burn 74% of the maximum BNX supply, which will increase the scarcity and value of each BNX token and enhance the sustainability of their token economy. All BNX token holders will be able to vote on this historic proposal, and a community vote date has not yet been set.
$BNX
News summary
#BinaryXCommunity announces that BNX will soon enter a deflationary phase, supported by the BNB chain. They propose to burn 74% of the maximum BNX supply, which will increase the scarcity and value of each BNX token and enhance the sustainability of their token economy. All BNX token holders will be able to vote on this historic proposal, and a community vote date has not yet been set.
$BNX
