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The RSI and the stochastic oscillator are incredibly similar. When you plot it on your chart, you’ll see a line fluctuating between (or above or below) two horizontal lines, which look identical.
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Today,
7 ITM ✅
0 OTM
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It is one of the most powerful patterns in candlesticks. It occurs when the second candle completely overshadows or engulfs the previous candle. Symbolically it means that buyers have overpowered the sellers or vice versa.
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Some Reasons Why Some Traders Fail or Not Consistent;
1= Greed
2=Bad Money management
3=Jumping from one binary system to the other, instead of remaining focus on one system
4=Insufficient trading balance
5=Emotional instability
6=inadequate practice period
7=lack of good trading gadget Example Laptop, power bank, etc
8=bad network connection
9=wanting to become a fund manager after demo trading for 1 week
10=competing with another trader
11=lack of PATIENCE
12=lack of good binary options MENTOR
13=Exposing trading capital into much risk Example taking inconsistent stakes
14 = Sound Knowledge
LAST 23 DAYS PREMIUM RESULTS
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Day 1,
6 ITM ✅
1 OTM
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Day 2,
5 ITM ✅
1 OTM
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5 ITM ✅
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Day 6,
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Day 7,
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Day 8,
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Day 9,
4 ITM ✅
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Day 10,
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Day 15,
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Day 16,
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Day 17,
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Day 18,
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Day 19,
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Day 20,
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Day 22,
5 ITM ✅
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Day 23,
5 ITM ✅
2 OTM
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Dragonfly Doji
Dragonfly Doji is the “T” shaped candlestick in the chart. It has a small body on the top, followed by a lower long wick. This pattern indicates that the market opened at a high price and came down. However, it increased to the same price level at the end of the trade.
In a nutshell, dragonfly Doji is formed when the price is going down, but the buyers pushed it upwards at the last minute.
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One can find the ADX or Average Directional Index Indicator at the bottom corner of the chart, like the RSI or Stochastic oscillator indicator. The ADX scale runs from 0 to 100. However, it functions uniquely. This is a measure of a trend’s strength rather than its direction.
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The stochastic will appear at the bottom of your chart when plotted. The lines move along a scale of 0 to 100, measuring how overbought or oversold the market is.
Two lines exist, one being quicker than the other. These two horizontal lines that are frequently ranging (sometimes above sometimes below) are between points 20 and 80.
The market is regarded to be “overbought” when the lines cross above 80.
These two horizontal lines that are frequently ranging (sometimes above sometimes below) are between points 20 and 80.
The market is regarded to be “overbought” when the lines cross above 80. It’s called “oversold” if it’s below 20.
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Doji Trading
When the binary market is neither controlled by the bearish nor bullish, it shows the market’s indecision. And that’s when the Doji pattern is formed. This pattern is further divided into four parts.
Four different Doji patterns are common Doji, dragonfly Doji, Gravestone Doji, and long-legged Doji. But not all of them represent market indecisiveness. Traders can easily find a Doji pattern in the candlestick chart because it is represented by the cross shape.