Notes

Candlestick Early Warning - Just Get Me To The Train On Schedule
Protective stop losses must be in place. Having no stop loss can lead to suicide. You are basically exposing your account for destruction. You can limit your losses by having a stop loss. Also, you won't be subject to your emotions when closing losing trades. Protective stop loss is also very effective in protecting your profits when the market moves in your favor.

And what about the time frame. Are we talking about a trend on a 5 minute bar chart where it could last an hour? Or is it something that lasts for many days, weeks, even years?

Bullish mat Hold - This pattern is similar to Rising Three Methods. The only real differences are that the initial gap up between the 1st and 2nd day does not immediately get filled and the 5th day tends to rise more significantly. The bulls appear to be (comparatively) a little stronger in this pattern.

Bullish Abandoned Baby: This rare pattern is a reliable 3 candle reversal in a downward trend. It is the opposite to its bearish nickname. A long black candle is followed by a gap down into a very short or spinning top candle of either color. On the 3rd day, another gap is formed (up), forming a long, white candle about the same length as the 1st.

To create support and resistance directional lines, trend lines can be drawn across multiple points at low points or high points. Multiple rising low points for an upward bullish trend line and multiple descending high points form a downward bearish trend line.

Let's now talk about a trend-reversal candlestick pattern: The Bearish Meeting Line. bitcoin bullish On the first day or what you call the setup day, you will find a long bullish candle.What this means is that heavy buying took place throughout the day.On the second day, or what you refer to as the signal day you will see a gap opening.This gap entices the sellers to start selling that continues throughout the day.This will lead to a bearish candle on the signal day, or the second.This long bearish candle must close at the open for the low of that day. The close should also close at the close of what you call setup day.This is a Bearish Meeting Line Trend Reversal Pattern.It means that the trend will soon reverse.

binance.com that are mostly used are the MACD oscillator, the Stochastic, RSI, CCI and others. The MACD oscillator is, in my opinion, one of the most useful indicators for divergence traders. MACD stands for Moving average convergence divergence. This indicator is the most versatile in forex trading.

Because trading is a human interaction, one person wants to purchase the other's to sell. History will repeat itself. We humans are a predictable bunch, if anything else.
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