🕯 6⃣ Months of Japanese Candle Patterns: How to Turn Them into Trading Signals?
📌 Did you know that some candles warn of a trend reversal? Learn to read the language of candles like professionals!
🔹 Step 1: Bullish Patterns
- *Hammer:* Long wick + Small body → Bullish reversal.
- *Bullish Engulfing:* A green candle engulfs the previous red candle.
🔹 Bearish Patterns:
- *Hanging Man:* Similar to the hammer but at the end of an uptrend ← Collapse.
- *Dark Cloud Cover:* A red candle opens above the close of the last one.
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🔹 Step 2: Applying Patterns on #Binance
1️⃣ Look for a clear pattern (like a hammer at support).
2️⃣ Wait for confirmation (next green candle).
3️⃣ Enter the trade with a *stop loss* below the pattern.
💡 Tip: Avoid trading on weak patterns in the absence of a trend!
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🚀 Summary: Smart Candle Strategy
✅ Learn 3-4 main patterns (that's enough!).
✅ Combine them with support/resistance levels.
✅ Don't ignore trading volume during formation.
📌 What pattern do you recommend for beginners? Share knowledge!
#الشموع_اليابانية #انعكاسات_السعر #Currency_Trading