1️⃣ Wick Fakeout
A candle wick breaks a key level (support/resistance) but quickly reverses back inside.
🔍 Indicates a false breakout — a trap for retail traders.
✅ Entry Signal: Enter after confirmation of rejection; smart money is likely entering.
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2️⃣ Volume Spikes
Sudden and strong increase in trading volume, often at breakout points.
📈 High volume = high conviction.
✅ Entry Signal: Confirm breakout strength with volume surge.
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3️⃣ Retest at Support/Resistance Level
Price breaks a key zone and comes back to test it again (support becomes resistance or vice versa).
🔁 Classic breakout-retest setup.
✅ Entry Signal: Enter after successful retest and bullish/bearish reaction.
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4️⃣ Moving Average (M.A.) Crossover
Fast MA (e.g., 9 EMA) crosses above the slow MA (e.g., 21 EMA).
🔄 Indicates shift in trend direction.
✅ Entry Signal: Enter when the crossover is confirmed with price movement.
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5️⃣ Engulfing Candles
A large candle fully engulfs the previous one (bullish or bearish).
📊 Strong reversal pattern.
✅ Entry Signal: Enter after confirmation of the engulfing pattern at key levels.
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6️⃣ Trend Following Pattern
Price consolidates in a flag, wedge, or channel, then breaks out in trend direction.
🔽 e.g., Bearish flag = trend continuation down.
✅ Entry Signal: Enter on breakout from the consolidation in the direction of trend.
Here is the candles image 👇
✅ Pro Tip: Combine 2 or more confirmations (e.g., volume + retest + engulfing candle) for higher accuracy entries.
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