Discover How Japanese Candlesticks Turned From Art To Science
Japanese Candlestick Patterns with Pictures: 1. Basic candles: * Green candle (bullish): Indicates that the closing price was higher than the opening price.
* Red candle (bearish): Indicates that the closing price was lower than the opening price.
* Doji candle: A very short candle, indicating indecision in the market.
2. Reflection patterns:
* Shooting stars: Indicates a possible reversal of an upward trend.
Discover How Japanese Candlesticks Turned From Art To Science
Japanese Candlestick Patterns with Pictures: 1. Basic candles: * Green candle (bullish): Indicates that the closing price was higher than the opening price.
* Red candle (bearish): Indicates that the closing price was lower than the opening price.
* Doji candle: A very short candle, indicating indecision in the market.
2. Reflection patterns:
* Shooting stars: Indicates a possible reversal of an upward trend.
First Zone 0.86 (at current prices) Second Zone 0.64 (Divide your entry into two batches)
🟡 Goals, God willing: Speculative Goals TP 1: 0.95 (~10.47%) TP 2: 1.05 (~22%) TP 3: 1.174 (~36.51%) TP 4: 1.34 (55.7%) Investment Goals TP 5: 1.72 (~100%) TP 6: 2.25 (~161%) TP 7: 3 (~248%) Profit ratios were calculated from the first entry zone in If the currency reaches the rest of the region, the profit percentage will increase
🟡 Stop loss: Weekly close below 0.46 (35%~) For those asking about the meaning of the weekly close in the stop: We monitor the closing of a weekly candle on the weekly frame below the stop area shown (it needs monitoring and I will inform you when the stop is hit) 🟡Note: This is a swing deal with investment targets added to it for those who have not entered yet You can enter it either as an investment for distant purple targets or as speculation for nearby golden targets Good luck to you and us 👑
🕵️ Technical Analysis Strategies: A Trader's Guide to Spotting Key Patterns and Identifying Market Trends 🚀📉📈
Technical patterns are essential tools for analyzing financial market charts and determining future price trends. In this article, we review several common technical patterns and their basic concepts that help traders make informed decisions.
1. Cup and handle model 🍵🔄
This pattern often shows a bullish reversal pattern.