AGRAWAL TECHNICAL

ANALYSIS GURUKUL
FIRST LEARN THAN EARN…..

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3 CANDLESTICK PATTERN: MORNING STAR
1ST CANDLE BIG BEARISH CANDLE.
2ND CANDLE SMALL CANDLE GAP DOWN
OPEN.IT CAN BE BULLISH OR BEARISH.
3RD CANDLE BULLISH CANDLE MUST BUYING CANDLE
ENGULF 60-75% OF 1ST CANDLE.
BUY ONLY IF 3RD
CONDITION-BEST AT DOWNTREND DAY HIGH BREAK
CANDLE’S SHADOW SMALL.
BULISH 3RD CANDLE MUST
STRONGE PATTERN. ENGULF 60-75% OF BEARISH 1ST
CANDLE
BULLISH CANDLESTICK REVERSAL
PATTERN. BUY RATE= 3RD DAY HIGH ABOVE 1
SL= 3RD DAY OR 2ND DAY LOW BELOW 3
POINT VALUE= 3RD DAY HIGH-LOW 2
TARGET=BUY RATE + POINT VALUE