Skip to main content

It Does Not Require Trendlines Or Other Indicators To Be Able To Project Future Moves

(The picture was taken from: http://www.technicaltradingindicators.com/tradestation-indicators/83-candlestick-patterns/)

Depending on the time frame, a candle like Hammer or Shooting Star can be a clear reversal signal as it shows enormous buying/selling pressure on the coin. It does not require trendlines or other indicators to be able to project future moves, especially if the candle was formed on a daily time frame or higher.

Another very important single candle you will need is the one that appears during a blow-off top or capitulation. Those two are the reversal points in a trend, where the price makes an explosive move which then very quickly retraces. It is an indicator of a buying/selling climax that is followed by other people leaving or entering the market in an accelerated movement. A candle like this usually is massive and has a long wick which is later followed by another few candles that represent this accelerated buying/selling.

Candles can also create a specific pattern within a group of 2 or more, that also works as a great reversal or continuation signal. From the most popular ones, we would distinguish tweezer top/bottom and either Evening Doji Star or Morningstar. Those are reversal patterns that we personally often use to confirm our entries or exits.

Popular posts from this blog

INFORMED I KEEP INFORMED

Service Assets. the organization needs assets to create value. Assets have two types : Capabilities . Like, wisdom, people, management Resources . Like, data and application. Capabilities by themselves cannot produce value without adequate resources. Figure 8 Service Value Responsibility Matrix There are many responsibility matrixes available with many variations, the most common is RACI. To create RACI or any of its variations. Column : build it by labeling a column head which will be the team member or the job function. Rows : On the Rows, list activity, services, whatever necessary. In each cross cell, fill the responsibility. Always use people names, not job functions. This will enforce the accountability. Responsibility Explanation Responsible R The one Executing the action. Accountable A The final approval. Typically, a team leader. Consulted C Subject matter expert. ...
Read more

Tooth extraction pdf

Tooth Extraction Pdf Most youngsters will lose their first set of teeth usually, in a specific sequence and through a particular time. Some kids get enthusiastic about shedding enamel, particularly when you're going the tooth fairy route and so they've heard from different youngsters about discovering money beneath their pillows. Others is perhaps afraid that losing a tooth will hurt or that there shall be blood. Dropping baby tooth is a far less painful process than getting them in, however it might nonetheless be a problem - especially if a loose tooth seems to be hanging on endlessly. It's best to let the tooth come out on its own as a result of baby enamel often come out proper before the everlasting tooth is able to are available. That's the speculation, anyway, but it may be tough to comply with in observe. Tooth Extraction Pdf Place the gauze around your kid's tooth if he wants to drag the tooth out. Help your little one grasp the tooth firmly by the gauze. R...
Read more