harami

#harami #bullishreversal #BTCHalvingApril2024 #weeklytimeframe Seems like bullishreversal pattern forming 🚀🚀 what you guys think about it?

Has your account dropped today?

With personal experience, I would like to share a small tip so you will never lose money or even make money by shorting BTC today.

You only need to apply a very basic technical indicator, the EMA 200 (which in my opinion is a very strong EMA).
BTC H1 chart (only use H1 or higher, because shorter time frames often cause noise and are inaccurate)
When you see a set of bearish engulfing candles or in Japanese called Harami candles (if you are new to this candle cluster, please learn more on the internet) appear at EMA 200
As in the case of Bitcoin today, sell 30%-50% of the coins you have. Do not sell them all because any indicator in this world has a probability of being wrong.

Similarly, you can apply the opposite: buy when the price increases above the EMA 200 and pulls back to touch the EMA and a cluster of bullish englfing candlesticks appears.

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#harami #lose #bearish #bullish #tip #kalacapital

📊 "Harami" - consists of two contrasting colour candles, with the body of the first candle overlapping the body of the second. It is also often said that this is a "pregnant" pattern. The first candle is the mother, the second candle is the foetus. The model is considered quite rare, so be sure to wait for its confirmation by subsequent candles.
The location of a small candle within the long body of a large candle can also affect the nature of the pattern.

The "harami" will be strong after an upward or downward trend, if the body of a small candle is located closer to the middle of the body of a long candle.
It is important for determining the nature of the pattern to consider the location of the small candle, together with the shadows, within the large body of the first candle. The smaller the body of the second candle and the shorter the shadows, the more significant the pattern becomes.

Usually, the harami pattern is conditionally reversal and indicates the end or slowdown of the trend, but if there is a strong confirmation, it can become a reversal signal.

#harami #TradingStrategies💼💰 #tradingtechnique #TipsForBeginners