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7 HIGH PROFIT CANDLESTICK PATTERNS PDF<br>
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Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! 7 HIGH PROFIT CANDLESTICK PATTERNS YOU NEED TO KNOW! Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
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Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! 7 CANDLESTICK PATTERNS YOU NEED TO KNOW! There are many types of candlestick patterns, but you only need to remember 7 candlesticks. Why only 7 candlesticks? The answer is that these 7 types are truly powerful compared to the others, so it is a waste of time to learn about the other candlesticks. The candlestick patterns that will be explained should occur in the support and resistance areas or Fibonacci areas before you enter a buy or sell position. It should also be noted that candlestick patterns that occur on lower time frames such as M1, M5, M15, and M30 are very weak for placing positions and the risk is quite high. However, on time frames H1, H4, D1, W1, and 1M, they are very effective, and the risk is very low for placing buy or sell positions. So, the choice is yours. You know we have very powerful candlestick pattern scanner that scans the entire market. It’s called the Candlestick Pattern Scanner. Check it out here. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! This is how it looks... Ok... enough of the side show... Let's look at the 7 candlestick patterns that matters... Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! THREE BULLISH SOLDIER Three Bullish Soldiers occur when 4 candlesticks form as shown in the picture. The first day's candlestick engulfs the next 3 candlesticks. Three Bullish Soldiers occur during a downtrend or at a support area. It also acts as a Bullish Reversal Signal. If Three Bullish Soldiers occur at a support area, you can be prepared to look for opportunities to enter a BUY position on the next candlestick. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! THREE BEARISH SOLDIER Three Bearish Soldier occurs when 4 candlesticks are formed. The concept is the same as Three Bullish Soldier, where the first candlestick covers the next 3 candlesticks. Three Bearish Soldier occurs when the market is in an uptrend or at a resistance area. It also acts as a Bearish Reversal Signal. If Three Bullish Soldier occurs at a resistance area, for the next candlestick, you can be prepared to look for opportunities to enter a SELL position. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! BEARISH ENGULFING Engulfing candlestick patterns are comprised of two bars on a price chart. They areused to indicate a market reversal. The second candlestick will be much larger than the first, so that it completely covers or 'engulfs' the length of the previous bar. For example, in a chart, the current candlestick engulfs the previous candlestick. There are two types of engulfing candlesticks, which are Bearish Engulfing and Bullish Engulfing. Engulfing occurs when two different candlesticks are observed. It is a Major Reversal Signal that only occurs at resistance areas. The pattern is illustrated in the picture, where a red candlestick body engulfs a green candlestick body. In other words, when a bearish candlestick engulfs the previous bullish candlestick. When Bearish Engulfing occurs at a resistance area, it means that you should be prepared to enter a SELL position. It is used in larger time frames such as H4, D1, and W1 because the risk is lower compared to time frames of 1M, 5M, 15M, and 30M. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! BULLISH ENGULFING Bullish Engulfing is one of the Major Reversal Signals that only occurs at support areas. It is in the form of a candlestick pattern where the current green candlestick body engulfs the previous red candlestick body, or more precisely, when a bullish candlestick engulfs the previous bearish candlestick. When Bullish Engulfing occurs at a support area, it means that you need to be ready to enter a BUY position. This pattern is used in larger time frames such as H4, D1, and W1 as the risk is lower compared to smaller time frames such as 1M, 5M, 15M, and 30M. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! SHOOTING STAR Shooting Star is the most popular candlestick pattern that you will see on any trading chart. Shooting Star occurs when the market is in an uptrend and takes place at the resistance area. It also acts as a Bearish Reversal Signal. If Shooting Star occurs at the resistance area, it means you can be prepared to enter a SELL position. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! HAMMER Hammer has the same concept as Shooting Star but occurs in the opposite direction. Hammer occurs when the market is in a downtrend or at a support level. It also acts as a Bullish Reversal Signal. If a Hammer occurs at a support level, it means you can be prepared to enter a BUY position. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
Want to know how Major Banks Trade? Learn more on US Bank Secrets Indicator! INVERTED HAMMER Inverted Hammer has the same concept as Hammer. In this situation, the candlestick called Inverted Hammer which means "upside-down hammer" will occur when the market is in a downtrend or at a support level. It also acts as a Bullish Reversal Signal. If an Inverted Hammer occurs at a support level, it means that you can be ready to BUY. Sign Up for our Free Daily Live Trades Copy All Our Live Trades Automatically
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