📚 Price Action: How to predict next candlestick w/ false breakout tradin...

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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

Bullish reversal pattern and bearish reversal pattern is a one of the chart pattern of candlestick in technical analysis. It gives you signal for change in trend of stock. Bullish reversal pattern mean a stock can convert into downtrend zone from uptrend zone in future.

One of the most popular candlestick patterns for trading forex is the doji candlestick (doji signifies indecision). This reversal pattern is either bearish or bullish depending on the previous candles. It will have nearly, or the same open and closing price with long shadows.

Reversing candles are a special type of candle which are comprised of two layers of wax. The inner layer is red, while the outer layer is black. Reversing candles come in a variety of shapes and sizes including Tapers, Jumbo Candles, Vigil Lights, and Human Figural Candles.

As the name suggests, the evening star projects an opposite signal from that of the morning star. It is a bearish candle reversal pattern made up of three candles. It twinkles after an uptrend, and it signals that the price may fall.

A reversal is a change in the price direction of an asset. ... Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart. Certain indicators, such a moving average or trendlines, may help in isolating trends as well as spotting reversals.
📚 Price Action: How to predict next candlestick w/ false breakout tradin... 📚 Price Action: How to predict next candlestick w/ false breakout tradin... Reviewed by BO Turbo Trader on October 03, 2020 Rating: 5

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