Earning $100 daily using bullish candlestick patterns is possible with discipline, risk management, and a good strategy—not just by identifying patterns alone. Below is a breakdown of how to use four bullish candlestick patterns effectively in trading, along with a realistic strategy to aim for $100/day.
#CryptoScamSurge #AmericaAIActionPlan #BNBBreaksATH $BNB
✅ 4 Powerful Bullish Candlestick Patterns
1. Bullish Engulfing
Occurs when a small red candle is followed by a larger green candle that "engulfs" the red one.
Signal: Reversal of a downtrend; buyers are gaining control.
Entry: After confirmation on the next candle.
2. Hammer
Small body with a long lower wick, appearing after a downtrend.
Signal: Buying pressure after a sell-off; potential reversal.
Entry: Above the high of the hammer candle with volume confirmation.
3. Morning Star
3-candle pattern: red candle → small-bodied candle → large green candle.
Signal: Strong reversal signal after a downtrend.
Entry: After the close of the third candle.
4. Piercing Line
Large red candle followed by a green candle that opens lower but closes above the midpoint of the red candle.
Signal: Reversal and potential bullish continuation.
Entry: After confirmation on the next candle.
🎯 Step-by-Step Strategy to Earn $100/Day
> Disclaimer: This is not financial advice. Trading involves risk. Start with a demo account or backtest thoroughly.
1. Choose Liquid Markets
Focus on high-volume stocks, crypto, or forex pairs like EUR/USD or BTC/ETH.
Trade during high-volatility hours (e.g., market open or overlap sessions).
2. Timeframe to Use
15-minute to 1-hour charts for intraday trading.
Patterns are more reliable on higher timeframes but give fewer signals.
3. Confirm Patterns with Indicators
Use tools like:
RSI (look for bullish divergence)
Volume (increased volume on the pattern = stronger signal)
Support/resistance zones
4. Risk Management
Risk only 1–2% of your capital per trade.
Use a 1:2 or better risk-reward ratio.
Example: Risk $50 to make $100.
5. Daily Goal & Discipline
If your win rate is 60–70%, you don’t need many trades.
Even 1–2 quality trades daily using these patterns can net $100 if you size correctly.
📊 Example Plan
Pattern Entry Signal Stop Loss Take Profit
Bullish Engulfing Above the engulfing
candle Below the low of the pattern 2x SL
Hammer Break of the high Below the wick 1.5x–2x SL
Morning Star End of the third candle Below the second candle 2x SL
Piercing Line After confirmation Below the pattern 2x SL
✅ Tips for Success
Use a demo account to practice first.
Track all trades to refine your edge.
Don’t overtrade; focus on quality over quantity.
Journal patterns and outcomes for learning