CANDLESTICK BEARISH SPIKE

BEARISH SPIKE = SELLER CONTROLS THE MARKET / FULL OF SELLER

If you see this candle in the SND / SNR area, you focus on SELL, because it is Full of SELLER in the market!

CANDLESTICK BULLISH SPIKE

BULLISH SPIKE = BUYER CONTROLS THE MARKET / FULL OF BUYER

If you see this candle in the SND / SNR area, you focus on buying, because there are Full of Buyers in the market!

Comperession Supply And Demand

WHAT IS BULLISH ENGULFING ????

Bullish engulfing is formed with two bearish and bullish candlesticks. This engulfing bullish pattern is formed when the bullish candlestick on the second day opens lower and closes higher than the bearish candlestick on the previous day.

An example of bullish engulfing is like the picture above where the bullish candlestick swallows the bearish candlestick completely. Bullish engulfing occurs when a price is in a downtrend and when this bullish engulfing is formed, it indicates that the trend phase will make a correction and is expected to turn into an uptrend phase.

WHAT IS BEARISH ENGULFING ????

Bearish engulfing is formed with two bullish and bearish candlesticks. This engulfing bearish pattern is formed when the bearish candlestick on the second day opens lower and closes higher than the bullish candlestick on the previous day.

An example of bearish engulfing is like the picture above where the bearish candlestick swallows the bullish candlestick completely. Bearish engulfing occurs when a price is on a downtrend and when this bearish engulfing is formed, it indicates that there will be a change of trend into an uptrend.

PENDING ORDER IN BEARISH ENGULFING

When bearish engulfing is encountered, the previous small bullish candle sign for our Sell entry zone. Example in the picture above. Stoploss is 20-30pip from last shadow engulfing. For the engulfing technique, we need to wait for the retracement to the zone for entry to avoid high floating.

PENDING ORDER IN BULLISH ENGULFING

When bullish engulfing is encountered, the previous small bearish candle sign for our Buy entry zone. Example in the picture above. Stoploss is 20-30pip from last shadow engulfing. For the engulfing technique, we need to wait for the retracement to the zone for entry to avoid high floating.

TRENDLINE BREAKOUT IN REAL CHART

The best marking is from the shadow between points 1 and 2. Price manages to breakout the trendline and makes a new low that is again lower than the previous low. So, there will be a sell zone when the price makes a retracement.

TRENDLINE BREAKOUT IN REAL CHART

The best marking is from the shadow between points 1 and 2. Price manages to breakout the trendline and makes a new quality that is even higher than the previous quality. So, there will be a buy zone when the price makes a retracement.

DOUBLE TOP & DOUBLE BOTTOM ARE REVERSAL PATTERN

Double top is the price up to the resistance part 2 times. Strong resistance causes the price to not be able to break the resistance has fallen. DOUBLE TOP: SELL ONLY

Double bottom is the price up to the support as many as 2 times. The strong support section causes the price not to fall further and continue to rise. DOUBLE BOTTOM: BUY ONLY

Both of these patterns need to make neckline breakout confirmations for our entry😎

You Can Save This.Maybe One Day Help You In Trading

My Tips> You Can Use This Chart Pattern For Bigger Time Frame Like H4 -D1 -1W

I Not Recoment For Small Time Frame Like - H1-M30-M15 Because Many Weak Snr

BULLISH ENGULFING ZONE AND TRENDLINE

LAYER DISTANCE 10 PIPS FOR LOW RISK :-

Layer Distance 10 Pips This is typical for low equity accounts below 100$ to keep MM

BEARISH ENGULFING ZONE AND TRENDLINE

LAYER DISTANCE 10 PIPS FOR LOW RISK :-

Layer Distance 10 Pips This is typical for low equity accounts below 100$ to keep MM

How to Find Mother Candle

Actually there are several ways to know a candle can be said to be a Mother Candle but here we will focus on only one way, a mother candle is a candle with high and low shadow conditions for the next four candles. We call it the Radar Mother Candle (MC) technique.

“What is a Mother Candle?”

In fact, there are many who teach Mother candle, but it is not satisfactory to teach and does not give a clear understanding of whether a candle can be said to be a mother candle and a failed mother candle. That's why sood explains Mother candle that sood once studied. Mother candle with 4 forms of candle shadow as the main condition for the formation of this pattern and 3 candles as a signal we can make an entry

MC = Mother Candle
C = Candlestick

(C0) is formed when Candle 1, Candle 2, Candle 3, Candle 4 are in the C0 = Mother Candle area. This is the initial condition where we can say the Mother Candle has been formed.

Mother Candle Method

In this Mother Candle technique we will use a breakout trading technique against the shadow of the Mother candle such as "Open when the price breaks the Resistance area or when the price breaks the Support area of the Mother candle."

B= BREAK

the setup above has B1 B2 B3, the new Mother Candle is VALID if there is a BREAKOUT on the B1 B2 B3 candle. But if it's not like the picture above then setup MC Failed

The setup above is an example of a Valid MC Breakout Setup where B1 managed to break the High of the Mother Candle. A solid setup must break first and clearly is no exception to this setup

Some tips to consider in using this technique :

️- Don't trade in the Support and Resistance Zone

️- If the SnR Zone is near the close of the Master candle, there is no need for entry

️- Only trade when B1 B2 B3 Candle breaks or breaks High/Low of Mother Candle

️- Master Candle Size 30-105 pips (Size is high and low calculated from
shadows)

️- If the size of the mother candle is smaller or larger than the range, it's better not to entry

How to Open Buy Setup :

Open when the price moves 5 pips above the High mother candle. To better understand, look at the picture, open buy when the price breaks 5 pips which is on the green line.