🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied Always enter into deals when there are more than 5 reasons combined ------------ Bullish Exhaustion Bar
➕A bullish exhaustion bar ---------- opens with a gap down. Then, it works its way up to close near its top
In This case, the gap remains unfilled. In addition, high volume should occur with the exhaustion bar.
What does it mean?
Its name explains it all. It represents exhaustion and a failed lastditch attempt. After the bears are exhausted, the bulls will takeover and the market will rise. After the bulls are exhausted, the bears will take the market down. How do we trade it? 1. Buy above a bullish exhaustion bar
---------------------- ➕Bullish Pin Bar ----- It looks like the nose of Pinocchio. It has a long and obvious tail. For bullish pin bars, the lower tail take up most of the bar. For bearish pin bars, it is the upper tail that dominates.
What does it mean? Paraphrasing Martin Pring,
the pin bar lies like Pinocchio. With its long tail, a pin bar breaks a support or resistance momentarily to trick traders into entering the wrong direction. These traders are trapped, and there is always money to be made when you find trapped traders.
------------- ➕Bullish Reversal Bar --------- A bullish reversal bar ------ pattern goes below the low of the previousbar before closing higher.
What does it mean? For the bullish pattern, the market found support below the low of the previous bar. Not only that, the support was strong enough topush the bar to close higher than the previous bar. This is the first sign of a possible bullish reversal.
How do we trade it? 1. Buy above the bullish reversal bar in a uptrend
The two-bar reversal pattern ------------- is made up of two strong bars closing in opposite direction. The bullish variant consists of a strong bearish bar followed by a bullish bar. Reverse the order to get its bearish counterpart. ------------- What does it mean? Every reversal pattern works on the same premise. A clear rejection of a down thrust is a bullish reversal, and a clear rejection of an up thrust is a bearish reversal. In this case, the first bar represents the first thrust, and the second bar represents its rejection.
How do we trade it? 1. For bullish reversals, buy above the highest point of the twobar pattern
-------- ➕ Key Reversal Bar ------- A key reversal bar --------- is a specific instance of a reversal bar that shows clearer signs of a reversal. A bullish key reversal bar opens below the low of the previous bar and closes above its high.
By definition, key reversal bars open with a price gap. As price gaps within intraday time-frames are rare, most key reversal bars are found in the daily and above time frames.
How do we trade it? ----------- 1. Buy above a bullish key reversal bar (If uncertain, wait for price to close above it before buying.)
----------- ➕Bullish 3 Bar's Reversal ------ In sequence, the three bars of the bullish pattern are: ----------- 1. A bearish bar 2. A bar has a lower high and lower low 3. A bullish bar with a higher low and closes above the high of the second bar
What does it mean? -------------- A three-bar reversal pattern shows a turning point. Compared to the other reversal patterns, the three-bar reversal pattern is the most 10 Price Action Bar Patterns You Must Know conservative one as it extends over three bars, using the third bar to confirm that the market has changed its direction.
How do we trade it? 1. Buy above the last bar of the bullish pattern
I am so tired of all you "newbies" renaming the classic candle patterns as originally named by the Japanese. You know the inventors of the Japanese Candlesticks duh. Your so called bullish three bar reversal is the "Morning Star" pattern. And the bullish pin bar is a "Hammer". Your Key Reversal Bar is also a "Bullish Engulfing Line". Give credit where credit is due and quit plagiarizing like Joe Biden. You have found nothing new here.
GoldenEngine
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@IchimokuKisai every thing upgrade in next chapters
MrBTC69
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@IchimokuKisai That joe Biden reference had me almost fall out my chair!
InkyGrip
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amazing work! thanks 🦐
GoldenEngine
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@plancton0618, you welcome any time <3
Zolta
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@GoldenWolFCharts, hello there, thank you for this, but I would like to print and put on my wall, how I will do that