monaemaks25
1.4k Posts
monaemaks25
Dragon
Open Trade
Occasional Trader
3.1 Years
96 Following
8.6K+ Followers
4.7K+ Liked
Posts
Portfolio
All
Quotes
Videos
Live
Okay
Hi
Overthinking
While newbie traders usually ignore such formations, they are very important.
Candlestick Pattern Meaning
Such sideways weak price action will signify a silent institutional accumulation of trading volumes.
Such accumulations require market liquidity, so they will always occur on liquidity clusters.
The entire range of such an accumulation will represent a significant liquidity zone.
Example
Below is an example of such a liquidity cluster on EURCAD forex pair.$BTC
Candlestick Pattern Meaning
Such sideways weak price action will signify a silent institutional accumulation of trading volumes.
Such accumulations require market liquidity, so they will always occur on liquidity clusters.
The entire range of such an accumulation will represent a significant liquidity zone.
Example
Below is an example of such a liquidity cluster on EURCAD forex pair.$BTC
Candle 4
And the final liquidity candlestick pattern that you must know is a cluster of low momentum and average candles.
Analysing different markets, very often you will see clusters of even 10 low momentum candles.$BNB
And the final liquidity candlestick pattern that you must know is a cluster of low momentum and average candles.
Analysing different markets, very often you will see clusters of even 10 low momentum candles.$BNB
The low of this candle will indicate a significant demand cluster.
Example
I found a perfect example of a high momentum bullish candle on NZDUSD forex pair.
$BTC
Example
I found a perfect example of a high momentum bullish candle on NZDUSD forex pair.
$BTC
Candle 3
The third liquidity candlestick we will study is a momentum candle.
This candle has a huge body in comparison to average candles.
High Momentum Bullish Candle Structure
A high momentum bullish candle will signify a strong buying imbalance.
It should have a big green body.$BNB
The third liquidity candlestick we will study is a momentum candle.
This candle has a huge body in comparison to average candles.
High Momentum Bullish Candle Structure
A high momentum bullish candle will signify a strong buying imbalance.
It should have a big green body.$BNB
Check the example of a liquidity supply zone based on a bearish rejection cluster on EURAUD forex pair.
$BTC
$BTC
Examples
Below is the example of a demand zone based on a bullish rejection cluster on GBPJPY.
$BTC
Below is the example of a demand zone based on a bullish rejection cluster on GBPJPY.
$BTC
Rejection Cluster
There will be cases when rejection candles will cluster, forming 2, 3, 4 or even more rejections in a row.
Such a cluster will indicate tests of a significant liquidity zone.
In that situation, a liquidity zone will be based on all the rejection wicks.
Multiple rejections from the downside will compose a demand cluster.
$XRP
There will be cases when rejection candles will cluster, forming 2, 3, 4 or even more rejections in a row.
Such a cluster will indicate tests of a significant liquidity zone.
In that situation, a liquidity zone will be based on all the rejection wicks.
Multiple rejections from the downside will compose a demand cluster.
$XRP
First, the price rises rapidly, driven by the excess of demand.
Then, the market finds a supply cluster and reverses quickly, forming a long upper wick.
The low of this candle will signify a concentration of supply.
Example
Examine an example of a bearish rejection on GBPUSD.$BNB
Then, the market finds a supply cluster and reverses quickly, forming a long upper wick.
The low of this candle will signify a concentration of supply.
Example
Examine an example of a bearish rejection on GBPUSD.$BNB
Candle Structure & Bearish Rejection
A bearish rejection is a formation of a long upper wick.
A bearish rejection is a formation of a long upper wick.
A lower wick will be called a bullish rejection.
The logic is simple.
First, the price is falling sharply because of the excess of supply.
Then, the market finds a demand cluster and reverses quickly, forming a long lower wick.
The low of this candle will signify a concentration of demand.
Example
Below is an example of the occurrence of a bullish rejection on GBPUSD forex pair.
The logic is simple.
First, the price is falling sharply because of the excess of supply.
Then, the market finds a demand cluster and reverses quickly, forming a long lower wick.
The low of this candle will signify a concentration of demand.
Example
Below is an example of the occurrence of a bullish rejection on GBPUSD forex pair.
Candle 2
The second liquidity candlestick you should know about is a rejection candle.
Candle Structure & Bullish Rejection
This candle has a long wick in comparison to its body$BTC
The second liquidity candlestick you should know about is a rejection candle.
Candle Structure & Bullish Rejection
This candle has a long wick in comparison to its body$BTC
All such doji's will compose a liquidity zone.
Example
Below is an example of such a doji cluster on GBPAUD forex pair.
Example
Below is an example of such a doji cluster on GBPAUD forex pair.
Log in to explore more content