Engulfing Pattern
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.
There are two type of Engulfing patterns – Bullish Engulfing Pattern and Bearish Engulfing Pattern.
Bullish Engulfing pattern suggests that bulls have taken over from the bears and are likely to start an up move. They are an indicator for traders to consider opening a long position to profit from any upward trajectory.
Bearish Engulfing pattern signals that the bears have won the fight against the bulls and can push the stock downward. It signifies a peak or slowdown of price movement, and is a sign of an impending market downturn. Bearish candlestick patterns usually form after an uptrend, and signal a point of resistance.
👉 Now you can pay us using your debit or credit card with easy steps, Just follow this link and Checkout..
https://techsolve24.com/product/binaryworld24-subscriptions/
👉 VISA/MASTER CARD/AMEX/DISCOVER Accepted
EUR/USD✅
GBP/USD✅
GBP/USD✅
AUD/USD✅
GBP/USD❌
EUR/USD✅
EUR/USD✅
EUR/USD✅
Today,
7 ITM ✅
1 OTM
🔔 BECOME A PREMIUM MEMBER UNTIL END OF NOVEMBER WITH ONLY 💲65
➡️ JOIN NOW 💲65 ONLY
🟢 contact - @jamesgyn 🟢
Three White Soldiers
This is also a multiple candlestick pattern that is formed after a downtrend indicating a bullish reversal. These candlestick charts are made of three long bullish bodies which do not have long shadows.
👉 Now you can pay us using your debit or credit card with easy steps, Just follow this link and Checkout..
https://techsolve24.com/product/binaryworld24-subscriptions/
👉 VISA/MASTER CARD/AMEX/DISCOVER Accepted
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
Hanging Man
Also known as Bearish Hammer Candlestick, it is a single candlestick pattern which is formed at the end of an uptrend and signals bearish reversal. This candlestick pattern has no upper shadow. Hanging man suggests an important potential reversal lower and is the corollary to the bullish hammer formation. It indicates that there was a significant sell-off during the day, but that buyers were able to push the price up again.
🔔 BECOME A PREMIUM MEMBER UNTIL END OF NOVEMBER WITH ONLY 💲60
➡️ JOIN NOW 💲60 ONLY
🟢 contact - @jamesgyn 🟢
Breakout trading
A breakout trading in the candlestick chart shows the price movement of an asset. The price of a commodity has either moved beyond the resistance level or above the support level.
The resistance or support level can also be seen as the stop loss point or an entry-level that can help traders earn huge profitability.
EUR/USD✅
GBP/USD✅
USD/JPY✅
EUR/USD✅
GBP/USD✅
EUR/USD✅
EUR/USD✅
EUR/USD✅
Today,
8 ITM ✅
0 OTM
Follow us on Instagram and Twitter Now ,
- https://instagram.com/binaryworld24
- https://twitter.com/Binaryworld24
Three black crows
This candlestick is a multiple candlestick pattern which is formed after an uptrend indicating bearish reversal. This pattern comprises of three consecutive long red candles which do not have long shadows and with short or non-existent wicks.
Spinning top
It has a short body centered between wicks of equal length. The pattern indicates indecision in the market. Spinning tops are often interpreted as a period of consolidation, or rest, following a significant uptrend or downtrend.