If you use it right, Chartink is the most powerful platform for trading that ever existed.
But 88% of you do a horrible job in selecting screeners based on candlestick.
Let me show you how to do it the right way :
9 must have screeners π§΅
But 88% of you do a horrible job in selecting screeners based on candlestick.
Let me show you how to do it the right way :
9 must have screeners π§΅
1/ Bullish Engulfing:
A bullish engulfing pattern is a candlestick pattern that forms when a red candle is followed the next day by a large green candle, the body of which completely overlaps or engulfs the body of the previous dayβs candlestick.
chartink.com
A bullish engulfing pattern is a candlestick pattern that forms when a red candle is followed the next day by a large green candle, the body of which completely overlaps or engulfs the body of the previous dayβs candlestick.
chartink.com
2/ Bearish Engulfing:
A bearish engulfing pattern is a candlestick pattern that forms when a green candle is followed the next day by a large red candle, the body of which completely overlaps or engulfs the body of the previous dayβs candlestick.
chartink.com
A bearish engulfing pattern is a candlestick pattern that forms when a green candle is followed the next day by a large red candle, the body of which completely overlaps or engulfs the body of the previous dayβs candlestick.
chartink.com
3/ Bullish Harami:
Bullish Harami is generally indicated by a small green candle that can be contained within the previous day's red candle.
chartink.com
Bullish Harami is generally indicated by a small green candle that can be contained within the previous day's red candle.
chartink.com
4/ Bearish Harami:
Bearish Harami is generally indicated by a small red candle that can be contained within the previous day's green candle.
chartink.com
Bearish Harami is generally indicated by a small red candle that can be contained within the previous day's green candle.
chartink.com
5/ Bullish Hammer:
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
chartink.com
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
chartink.com
6/ Bearish Shooting Star:
A shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the low of the day. It appears after an uptrend.
chartink.com
A shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the low of the day. It appears after an uptrend.
chartink.com
7/ Morning Star:
A morning star is a three-candle pattern with the low point on the second candle. However, the low point is only apparent after the close of the third candle.
chartink.com
A morning star is a three-candle pattern with the low point on the second candle. However, the low point is only apparent after the close of the third candle.
chartink.com
8/ Evening Star:
An evening star is a candlestick pattern used by technical analysts to predict future price reversals to the downside.
chartink.com
An evening star is a candlestick pattern used by technical analysts to predict future price reversals to the downside.
chartink.com
9/ Doji:
A Doji basically means open and close is the same. It is a neutral indicator that provides little information. They are rare, so not reliable for spotting things like price reversals
chartink.com
A Doji basically means open and close is the same. It is a neutral indicator that provides little information. They are rare, so not reliable for spotting things like price reversals
chartink.com
So after reading this thread you might be enlightened about the topic.
But hang on : If you want to learn how to -
1. Catch mega trends in stocks
2. Day trade with minimal risk
3. Risk defined option trades
4. Expiry Hero Zero calls
Explanation below π
But hang on : If you want to learn how to -
1. Catch mega trends in stocks
2. Day trade with minimal risk
3. Risk defined option trades
4. Expiry Hero Zero calls
Explanation below π
Hit follow ππΌππΌ @chartians
And For those of you who don't know we share trading and investment related ideas with over 22,000+ subscribers for FREE, yes you heard it right.
You might want to check it out.
FREE LINK : telegram.me
And For those of you who don't know we share trading and investment related ideas with over 22,000+ subscribers for FREE, yes you heard it right.
You might want to check it out.
FREE LINK : telegram.me
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