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Hammad FX Contact:03039819258
Hammad FX Contact:03039819258
Hammad FX Contact:03039819258
Hammad FX Contact:03039819258
2 Pinnocchio Strategy
A pinnocchio has a very short body and of A bar is a candlestick bar that
a very long bulb (nose). It is also called a
shooting star, hanging man, and gamer. You may remember that
Pinnochio's
The nose grew longer when he was lying. The same thing happens with
this strategy: When the candle is lit. Longer than the body, it tells us that
the market is cheating us and we should trade. .The contrarian entry point
varies: some traders prefer to wait for the next candle to retrace the 50%
Fibonacci level of the pin bar, while others enter immediately after the pin
bar closes. A long that indicates strong selling pressure; A long tail indicates
strong buying power.
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Is.
Usually, what happens is that the third time will go even lower than the second time. This
Is
The point where you should open a short position
Hammad FX Contact:03039819258
Hammad FX Contact:03039819258
!BREAKEVEN means
There is a BE !step to protect your capital or balance from facing any loss after earning
profit
Basically, making bits of profit while minimizing any losses while trading.
is for and to the right (SL (You can see the pattern from the image above. After the
left stop loss is lost. (BE (once break even
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A double top occurs when the price reaches the resistance level twice. Due to strong resistance, the
price will not make progress and will fall.
A double bottom is when the price reaches support twice. Because of the strong support, the price will
not fall and will continue to rise.
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The head and shoulder serves as a pattern for us to identify a sell setup. st is Once we 1
The head and shoulder works similarly but we would look for a buy setup on the other shoulder upside down
are
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considered as an indication of
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The Head and Shoulders chart pattern is a popular and easy-to-find one. It shows a baseline with three
peaks, the middle peak being the highest.
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But how?
Before this breakout trend line / breakout support must be present. If the
market is already breakout then we need to wait for entry of "price rate
touch trend line" sell it.
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Build a sale and price resistance shoulder rights property. This time after the HNS
price is strong for the sell price make it a double top
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The Head and Shoulders chart pattern is a popular and easy-to-find one. To buy - you guys are
just looking higher at new resistance, before resistance and after resistance.
Chart pattern for buying Shoulder Head Shoulder from down trend to up trend - is a reversal
chart pattern so if on up trend we focus on buying
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Its place is very popular. After price already breakout, we have to wait for pullback for confirmation.
Hammad FX Contact:03039819258
Hammad FX Contact:03039819258
will focus on, we will SELL on the red line SELL in a downtrend market we will spend.
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The head and shoulders served as a model for us to find sell positions. We will sell when we see the first shoulder
and head formation. So the sell positions will be on the other shoulder.
The reverse head and shoulder works similarly but we will look for a buying position on another shoulder formation.
Hammad FX Contact:03039819258
Hammad FX Contact:03039819258
Candlestick strategy
1. This results in a bearish pattern and indicates that sellers have re-entered the market
and the uptrend may end.
If a bearish candle is formed the next day, traders can enter a short position and place
a stop at the height of the hanging man.
2. This results in a bullish pattern and indicates that buyers have returned and the
Is. downtrend may end in the market.
Traders can enter a long position if a bullish candle is formed the next day and
place a stop at the low of the hammer.
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**A bullish three-line strike reversal pattern forms three black candles in a downtrend. every
The bar posts a low and closes near the intra-bar low. Fourth time too
The first candle in the series that reverses Opens below but closes above the bar high outside of a
wide range. The opening print would also mark the bottom of the fourth bar
Reverse predicts high prices with an 83% accuracy rate Is. According to Bilkowski,
it does
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**A bearish three-black curve reversal pattern begins at or near the uptrend
high, with the three black bars posting lows that are close to intrabar lows.
This pattern predicts that the decline will continue to lower levels, perhaps
triggering a broader downtrend. The most bearish version starts at a new
high as it traps buyers entering momentum plays. (A) According to Bullkowski's
point on the chart, this pattern predicts lower prices with a 78% accuracy rate.