How to earn $40 to $400 daily on Binance by following these three candle patterns for 5 minutes.
Step 1: Master the key patterns (entry triggers).
Focus on the most reliable candle patterns for 5-minute trades:
Bullish Engulfing / Bearish Engulfing → Strong trend reversals.
Hammer / Inverted Hammer → Bullish reversal after a downtrend.
Shooting Star / Hanging Man → Bearish reversal after an uptrend.
Morning Star / Evening Star → Reliable setup for continuation or reversal.
Three White Soldiers / Three Black Crows → Continuation of strong momentum.
👉 Only trade when volume confirmation and trend direction are present.
📌 Step 2: Combine patterns with trend confirmation.
Use EMA (50 and 200) → Trade in the direction of the trend.
Use support and resistance areas to filter out false signals.
Confirm signals using the RSI (oversold/overbought levels) for additional accuracy.
Example:
Bullish Engulfing near support + RSI in oversold + EMA trend upward = high probability to buy.
Shooting Star near resistance + RSI in overbought territory + EMA trend downward = high probability to sell.
📌 Step 3: Risk management and position sizing.
To earn between $40 to $400 daily, control your position size:
Account size $500 → Target 1-3% per trade = $15-45 daily.
Account size $2000 → Target 2-5% per trade = $40-100 daily.
Account size $5000+ → Target 2-5% per trade = $100-$400 daily.
Never risk more than 2% of capital in a single trade.
📌 Step 4: Trade only during high liquidity times.
The best 5-minute trades happen during the overlap of London and New York or during crypto volatility events.
Avoid low volume times as patterns may fail.
📌 Step 5: Practice and journaling.
Backtest patterns on 5-minute Binance charts.
Keep a trading journal for each trading pattern.
Refine the strategy - Focus on the 2-3 most profitable patterns.
For you.
💡 Example of a trade on a 5-minute chart:
Notice a bullish engulfing at the main support level on the $BTC/USDT pair.
Enter the trade with a risk ratio of 0.5% to 1%.
The target is to move 1.5-3% (quick scalp).
Repeat this on 2-3 pairs with high daily volume.
👉 With practice, you can easily target $40 to $400 a day.