Day 3 of 50 days Stock Market Trading Made Easy Candlestick Pattern Simplified with Real Price Movement Logic ๐ฅ7 Major New Updates for all type of Directional Trading ๐ฅ Bulls vs Bears ๐ฅ๐ฅ Scroll Down๐๐to read fully Like & Retweet is appreciated
All the below types i personally check and understand the candlestick logic only around important reference levels/zones Randomly tracking every 5 min will spoil our focus Scroll down๐๐ to start Follow me @learntotrade365 Join here for FREE - https://telegram.me/learntotra...
1] Strong Bullish Candle: Initially - BEARS had control, but by the close BULLS entered with fresh business and took complete control. When this type of candle formation occurs near a significant support level, it indicates strong conviction from the BULLS. Scroll down๐
2] Weak Bulls Candle: The control initially belonged to the BEARS, while the FRESH business bulls appeared tired. By the close, the bulls failed to sustain their position. This candlestick behavior occurs near a significant support level, it indicates the weakness of the
3] Timepass Bulls Candle: The initial control belonged to the BEARS, while the FRESH business bulls appeared exhausted/ Neither bulls nor bears managed to maintain their stance by the close. Such candle behavior indicates a disinterest from both BULLS & BEARS. Scroll down ๐
4] Strong Bearish Candle: Initially - BULLS had control, but by the close BEARS entered with fresh business and took complete control. When this type of candle formation occurs near a significant resistance level, it indicates strong conviction from the BEARS. Scroll down๐
5] Weak Bear Candle: The control initially belonged to the BULLS, while the FRESH business bears appeared tired. By the close, the bears failed to sustain their position. This candlestick behavior occurs near a significant resistance level, it indicates the weakness of the
6] Timepass Bear Candle: The initial control belonged to the BULLS, while the FRESH business bears appeared exhausted/ Neither bulls nor bears managed to maintain their stance by the close. Such candle behavior indicates a disinterest from both BULLS & BEARS. Scroll down ๐
7] Series of Timepass Candles: Confused Price Action development often comes with low volumes - So it's better for a directional trader to wait for further price action development/confirmation and then react. Scroll down for more๐
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