Bullishharami
41,002 views
12 Discussing
Hot
Latest
The chart highlights a powerful "Double Confirmation" strategy used by traders to validate potential entry points in the market. After a successful breakout above a resistance-turned-support zone, the price pulls back for a retest—this is where many traders seek confirmation signals.
⚠️ The first signal shows a long upper wick, often interpreted as indecision or a failed bullish attempt. This is a clear No Entry zone, as it reflects possible resistance and seller pressure.
✅ The second signal is a Bullish Harami—a strong reversal pattern that appears when a small green candle is fully contained within the previous red candle. This pattern signals that buyers are stepping in, and with the price respecting the support zone, it becomes a valid Entry point.
Such double confirmations increase the probability of successful trades by combining price action with candlestick analysis. Patience is key—waiting for the right signal can mean the difference between profit and loss.
follow me ✅
#TechnicalAnalysis | #DoubleConfirmation | #BullishHarami | #SmartTrading | #SupportZone | #PriceAction | #BreakoutStrategy | #TradeWisely
#TechnicalAnalysis #CanadaSOLETFLaunch #Bullishharami $SOL $DOGE $XRP
⚠️ The first signal shows a long upper wick, often interpreted as indecision or a failed bullish attempt. This is a clear No Entry zone, as it reflects possible resistance and seller pressure.
✅ The second signal is a Bullish Harami—a strong reversal pattern that appears when a small green candle is fully contained within the previous red candle. This pattern signals that buyers are stepping in, and with the price respecting the support zone, it becomes a valid Entry point.
Such double confirmations increase the probability of successful trades by combining price action with candlestick analysis. Patience is key—waiting for the right signal can mean the difference between profit and loss.
follow me ✅
#TechnicalAnalysis | #DoubleConfirmation | #BullishHarami | #SmartTrading | #SupportZone | #PriceAction | #BreakoutStrategy | #TradeWisely
#TechnicalAnalysis #CanadaSOLETFLaunch #Bullishharami $SOL $DOGE $XRP
Login to explore more contents